Two Possible Macro Cycle Lines I'm Watching
Updated
Both macro cycle lines represent a potential for a bounce.
The light blue line supposes a shorter and steeper cycle.
The purple line supposes a longer cycle with more room for correction.
Both cases are bullish, but the question is how long will we have to wait.
The light blue line supposes a shorter and steeper cycle.
The purple line supposes a longer cycle with more room for correction.
Both cases are bullish, but the question is how long will we have to wait.
Note
A lot of altcoins are seeing sideways movement in anticipation of larger moves.
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.