ShadowCapital

TOTAL2 - Extended Bull Run Idea

Long
CRYPTOCAP:TOTAL2   Crypto Total Market Cap Excluding BTC, $
$TOTAL2

Viewing this chart in Log, it's pretty easy to identify existing patterns and 'extend' them out into the future.

You can see the punch up into the blue accumulation box, eventual breakout, and retest in both instances.

So I measured the moves and extended the bars pattern tool out in the future to make the accumulation zone 80% of the duration of the bull run, which happened in the previous fractal.

Bad news looks like we'll be waiting quite a bit longer than previously thought (but some at least) and the good news is that if you invest in good companies now that stick around you're in a great position to capitalize in a few years.

Not financial advice ofc.

Comment:
Oh and don't kill me if the bars pattern extends to a number higher than all the money in the world, bc I for one cannot count that high, and two, the market cap is just a meme, the fractal's key point is duration.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.