/biz/ - Business & Finance

>>53451381
just biz, tradingview, twitter, and telegram

>>53451466 see >>53448048

>It seems to me after doing a bunch of these charts that my thesis, to boil it down, is to buy alts that reclaim their June-Oct 2022 range, and sell the March 2022 range.

You see the same thing with HBAR. It's bullish right now because it "undid" the damage of the FTX collapse, and is now back in the range circled in blue. The time below it can be thought of as a deviation, like the time BTC spent below 6k in 2019. As long as it stays in that range, it's bullish. Once/if it loses that range, it'll probably dump back into support. The same thing goes for BTC. It got back to its June-Oct range, and it becomes bearish again if fit loses that range (i.e., below 19k).

Look at this. Explains it a bit better.

https://www.tradingview.com/chart/BTCUSD/lTTf4GJA-BTC-Up-or-Down/