imdouce
@t_imdouce
What symbols does the trader recommend buying?
Purchase History
پیام های تریدر
Filter
Signal Type
As you can see from the peak of the previous cycle until the COVID crash and final flush-out was 27 months. Also notice the previous months of the crash was a failed retest of the logarithmic downtrend line. It took 6 months to retest the line again and 8 months total to break it. This would put the current cycle retesting the trendline in February 24' and then breaking it in April 24'.History doesn't repeat but it rhymes.
As you can see, Ethereum's consolidation/correction is a very similar structure to the one in 2016. 2016 had a drawdown of around 72%. Today we went down 79%. Is the bottom in?
Disclaimer
Any content and materials included in Sahmeto's website and official communication channels are a compilation of personal opinions and analyses and are not binding. They do not constitute any recommendation for buying, selling, entering or exiting the stock market and cryptocurrency market. Also, all news and analyses included in the website and channels are merely republished information from official and unofficial domestic and foreign sources, and it is obvious that users of the said content are responsible for following up and ensuring the authenticity and accuracy of the materials. Therefore, while disclaiming responsibility, it is declared that the responsibility for any decision-making, action, and potential profit and loss in the capital market and cryptocurrency market lies with the trader.