Technical analysis of all markets penny stocks forex futures bitcoin crypto.
Wall street cheat sheet crypto.
Crypto market price action closely mimics wall street cheat sheet.
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In this video i analyze the wall street cheat sheet vs the crypto market including all assets as an index rather than just individual coins.
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The wall street cheat sheet and how it applies to crypto bitcoin and the overall market cycle.
It is far more difficult than what can be expressed in a single sentence.
Similar to the wall street cheat sheet the trend is the crucial factor for profit.
A couple of years ago in 2017 the crypto markets went on an epic bull run.
After a potential double bottom was put in altcoins have been steadily rising even while sentiment is extremely bearish.
According to the famous market street cheat sheet even the altcoin market cap price chart looks eerily similar to the example market cycle.
Wall street cheat sheet.
Between january and december 2017 we saw a 20x rise in the price of bitcoin and then the market crashed.
We teach you how to read all markets.
Successful trading is buying low and selling high.
So is this the correction after disbelief or no.
Then people shared a wall street cheat sheet chart.
I found out that markets are cyclical and that they all go through the different stages outlined in the cheat sheet.
Is the crypto market entering the anxiety phase with real panic capitulation anger and depression still yet to come.
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Below is the wall street cheat sheet after researching all that i could find about the plummeting crypto prices i had learned that this wasn t the first time bitcoin had experienced such a dramatic sell off.
Let the wall street cheat sheet guide you.
In large part successful cryptocurrency trading depends on the analyst s ability to accurately identify cycles of market emotions.
However as every trader knows.
Here is bitcoin from 2016 2019 overlaid on top of the wall street cheat sheet.