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ktrnsmh
21 mai 2021 12:13

M1 BLX, US10 BTC INTERESTING CORRELATION Short

BLX/WM1NS*US10Brave New Coin

Description

There are too many variables, FED printed Money, US 10 Years interest and bitcoin.
This is an experimental study no certain output available
If the gray box will be broken, there might be a massive rug pull.
close below the red trend line is also risky.
There is a double top divergence which might force to go lower.

Do the math

Commentaire

it is getting close to risky area
Commentaires
ktrnsmh
expecting a bounce from this area in following weeks
fringe_chartist
Very interesting. Thanks!
kramegruts
S/R flip on that descending trendline? Back testing support? One can only hope.
ktrnsmh
@kramegruts, RSI is lower than 50,
I am pessimistic but It might bounce
nowadays pattern is so similar with 2020 collapse but the gray zone holding even the strong niddles.
Plus