Canaan Inc.
Long

Canaan (CAN) Historical Pre-2020 Rally Setup Reforming

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I know, I know. Past performance is no guarantee of future results. But man, just look at that Bollinger Band constriction, the huge weekly RSI divergence, and the fact that the current setup lines up almost identical to the pre-2020 rally.

With China's liquidity taps back on and BTC looking primed to begin a new bullish phase (provided Trump wins the election), this just looks too good (imho) to not breakout from here.

NFA, I'm just publishing this for myself to look back on at a later date.



Note
Nailed it

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