Authors Mayank Narula
7 days
30 days
All time
Recent
Popular
I will be a buyer under 13800 levels, but depending upon the reversal on smaller timeframe.
#BITCOIN
— Mayank Narula (@Mayank_Narula1) March 5, 2022
Pending RSI divergence on monthly chart which requires a dip under 13805 to get resolved.
But monthly RSI divergences can go on for years before the resolution.
Best case scenario will be panic dump over next few months. pic.twitter.com/hi67hMg9sZ
#Bitcoin
Monthly divergence may come into play.
I said best case scenario is market dump over next few months, and it's happening now.
I won't be surprised if it takes off to new all time high after flushing out new entrants.
Monthly divergence may come into play.
I said best case scenario is market dump over next few months, and it's happening now.
I won't be surprised if it takes off to new all time high after flushing out new entrants.
#BITCOIN
— Mayank Narula (@Mayank_Narula1) March 5, 2022
Pending RSI divergence on monthly chart which requires a dip under 13805 to get resolved.
But monthly RSI divergences can go on for years before the resolution.
Best case scenario will be panic dump over next few months. pic.twitter.com/hi67hMg9sZ
Cyclical stocks (metals, commodities, even auto) have the lowest PE multiples right around the top when cycle is about to turn.
That's when they suck in the retail.
That's when they suck in the retail.
50 % drawdown in sail done from high of 150 to 75 now.
— Sandeep M (@Sandeep_Majjigi) May 23, 2022
Without knowing how to play the cyclicals one would lose a lot of money there looking at pe ratio in single digit.