u/EvanAlmighty99

Two Possible Scenarios for Bearish/Bullish Confirmation in Coming Days

Two Possible Scenarios for Bearish/Bullish Confirmation in Coming Days

Monitor support around 0.0719. A break below likely indicates further consolidation in the 6c range, while a uniform structure above this level could be indicating a divergence of long term trends.

u/EvanAlmighty99 — 17 hours ago

Currently resting over unbroken support.

Historically speaking, the first dip of each cycle to breach into this support region creates the lowest entry prices. While the pricing action may stay within the parameters of the blue box for several months, entry prices become less appetizing until the final breakout and reversal occurs. According to all given data, you will not find a better time to DCA.

u/EvanAlmighty99 — 2 months ago

When you overlay the previous bear market from before the 2021 run, this current bear market has been holding up better on average.

u/EvanAlmighty99 — 2 months ago