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Message Subject Crypto bottoms when we have our next "world event" similar to covid pandemic
Poster Handle Anonymous Coward
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i'm loving this stablecoin chart you got me turned onto nemo. check this out.

-the white arrow on the left was when crypto bottomed in 2018. crypto bottoms when this chart is making a high impulse.
-the yellow circle on the rsi on the left left was the prelude to the 2018 bottom happening a month or two later. yellow circle on the right where we are right now does seem similar. yellow circle on the right looks similar to the left circle, at least to me.
-the white circle on the macd on the left. notice that the macd made that huuuuge spike up and that was the last pop before bull market started.

we have not had a major macd spike up yet this entire bear market. i am thinking we will have this major macd spike before the bear market ends.

in my opinion, the left looks very similar to the right. it seems to suggest my theory of one final crash as a possibility.

(btw nemo, i used the logarithmic macd, not regular macd. i prefer log macd for comparing old markets to current markets)

[imgur] [link to imgur.com (secure)]
 
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