There are striking similarities to previous cycles. After reaching a first peak in January 2021, we saw a dip that brought us down to the 50 EMA support.
And after that
(the 50-day Exponential Moving Average is a tool to identify the average price over a specific period).
Now in 2024, it seems history may be repeating itself: - a breakout in December - followed by a pullback to the 50 EMA
And now....
We have a complete report coming out for our Telegram members detailing our strategy for this volatile end of the year.
Link in bio if you're interested!
Disclaimer: Data shown is for informational purposes only. Market conditions are volatile and can change rapidly. The information provided here is not a guarantee of future performance. Crypto investments are highly volatile and carry risk. Past performances do not guarantee or indicate future results. Always conduct your own research before investing.