Every time the moving averages enter the overbought zone on the Double Smoothed Stochastic oscillator, we get a red month candle, which provokes a correction. Which can quickly end like in 2016, or can go sideways like in 2020.
I would recommend being mentally prepared for a worse scenario (2020) because if you are prepared for the worst, you are prepared for all scenarios.
💡Anyone who is very observant could have noticed that I removed the black swan from the
BTC chart so that it would not spoil the picture of the analysis. After all, such moments are rather an exception to the rules and they are repeated very rarely.
I would recommend being mentally prepared for a worse scenario (2020) because if you are prepared for the worst, you are prepared for all scenarios.
💡Anyone who is very observant could have noticed that I removed the black swan from the
BTC chart so that it would not spoil the picture of the analysis. After all, such moments are rather an exception to the rules and they are repeated very rarely.
💰Free Channel t.me/FeelsStrategy
🤵For more info contact t.me/VolodymyrFeels
🤵For more info contact t.me/VolodymyrFeels
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
💰Free Channel t.me/FeelsStrategy
🤵For more info contact t.me/VolodymyrFeels
🤵For more info contact t.me/VolodymyrFeels
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.