💾 Coinbase | They Are All The Same +Altcoins, Bitcoin & SPX

9 ene 2023

We already looked at Tesla (TSLA) and you know these things, they are all the same.

What one does the rest follows... Let me show you!

The ATH/Peak price was hit early November 2021, exactly the same as Tesla.

The first low was hit late December and a lower low 6-January 2023 by just a few points, exactly as Tesla.

And today we have a strong bounce where the candle gaps up (a rising window), the same as with the Tesla stock.

Also the SPX, the NDX and the rest of the market is going through the same... Exactly the same.

So expect COIN to also grow but we don't know by how much.

We can make some speculation based on the data coming from hundreds of charts.

There will be retraces and corrections, there will be shakeouts, red and green candles... Nothing moves in a straight line.

As a general view, we see these markets going green at least for 1-2 months... This can be extended a lot but we go step by step...

Thanks a lot for your support.

These are stocks, for cryptocurrency, I have a much better picture of as to how things will develop.

Most of the Altcoins already hit bottom.

Bitcoin, Ethereum, Cardano, Dogecoin, Binance Coin and the rest of the major altcoins are entering a bullish wave... How this bullish wave develops will tell us what comes next.

But we are looking at 1-3 months of bullish action, in the least first... And even though we are talking about these assets as groups, we look at each chart separately, one by one.

Things start to pick up mid-January.
Things speed up after 22-January.

The news and events the market will create to match what we see on the charts.

For example, China is opening up.
The fake CPI numbers and such will come out "good" or "better than expected".
The FED makes some "positive" statements so on and so forth.

As I mentioned on the latest SPX Update, the FED will change their stance sooner than expected, some type of u turn, but it will be a surprise of course. Not necessarily tomorrow but Q1/Q2... That's just my opinion, feel free to share yours in the comments section below.

Thank you for reading.

Thanks for the boost, thanks for the comments, thanks for the follow... Thanks again for the continued support.

Namaste.