"One hundred and fifty-four(154) days have passed since the highest price was recorded, and it is on the verge of reaching two hundred and seventy dollars(270)."
Note
Squaring time with price can create a shift in the trend. This shift can be temporary, causing a strong reaction, or it can lead to a longer-term change in the trend, from bearish to bullish or vice versa.
Note
"Time and price are the two fundamental elements in this type of analysis. Time is the first cornerstone of the market."
Note
In the presented text, there was some ambiguity from my side which I am correcting here: What I meant was a price correction of $270 from the recorded price ceiling.
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.