The Downside is Still in, for now at least

29 ม.ค. 2022

I am starting to use Renko to see optimal prices and detect a flip in sentiment. #1 Bitcoin and Ethereum seem to have a very similar trend on normal/Heikin charts, crab markets followed by an emotional institutional leg up or down. If you've been here since the beginning, you'd know there's a lot more going on behind the scenes, like futures contracts, flash loans, DeFi, you name it. A note for myself and whoever may come along this simple analysis: Watch Renko trends intraday and see where you can enter. I'm almost certain the major cryptocurrencies will have some rollercoaster action next quarter, probably a tad later.