Anatomy of a Bear Market: 2014 Bear Market
In the Anatomy of a Bear Market Series I compare 3 Bitcoin Bear markets using Daily Ichimoku and S/R: 2013, 2014 and 2018. Here's my take on 2014.
2014 was a bear market with the following structure:
- both flat cloud tops and bottoms => mixed market
- deeper S1 and S2 supports => deep bearish correction
- shallow S3 dip (not enough juice to power the subsequent up trend)
- no major S1, S2
- dull trend line angle => likely a sideways bearish market
- key trend support is broken, but only temporary
- a retest of the prev high fails => down trend, subsequent bear market
This market structure is more similar to the current 2018 Bear Market (posted later), it consists of the same major elements.
2014 was a bear market with the following structure:
- both flat cloud tops and bottoms => mixed market
- deeper S1 and S2 supports => deep bearish correction
- shallow S3 dip (not enough juice to power the subsequent up trend)
- no major S1, S2
- dull trend line angle => likely a sideways bearish market
- key trend support is broken, but only temporary
- a retest of the prev high fails => down trend, subsequent bear market
This market structure is more similar to the current 2018 Bear Market (posted later), it consists of the same major elements.
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.