Post
Topic
Board Trading Discussion
Re: Those who forget history will be disgraced.
by
Franctoshi
on 16/09/2023, 20:55:51 UTC
We have compared the current Bitcoin 1-day chart with past data(NASDAQ) and found similar patterns. You can use this as a valuable reference for investment.
https://heartbitintro.oopy.io/
No doubt both Charts have a lot of similarities, however, there is nothing new here because scenarios like this happen in the market but seldom. I used to spot charts with such similarities when trading, infant the previous there was a scenario where I was looking for an entry opportunity to take my position in the market and I spotted a chart that looked the same, I did a crazy thing and took a risk of the trade, and mirrored the chart till the end, and I must admit that the risk worth it.

This entails or shows that in Technical analysis history, does not only repeat itself but rhymes.