Anatomy of a Bear Market: 2014 Bear Market
In the Anatomy of a Bear Market Series I compare 3 Bitcoin Bear markets using Daily Ichimoku and S/R: 2013, 2014 and 2018. Here's my take on 2014.
2014 was a bear market with the following structure:
- both flat cloud tops and bottoms => mixed market
- deeper S1 and S2 supports => deep bearish correction
- shallow S3 dip (not enough juice to power the subsequent up trend)
- no major S1, S2
- dull trend line angle => likely a sideways bearish market
- key trend support is broken, but only temporary
- a retest of the prev high fails => down trend, subsequent bear market
This market structure is more similar to the current 2018 Bear Market (posted later), it consists of the same major elements.
2014 was a bear market with the following structure:
- both flat cloud tops and bottoms => mixed market
- deeper S1 and S2 supports => deep bearish correction
- shallow S3 dip (not enough juice to power the subsequent up trend)
- no major S1, S2
- dull trend line angle => likely a sideways bearish market
- key trend support is broken, but only temporary
- a retest of the prev high fails => down trend, subsequent bear market
This market structure is more similar to the current 2018 Bear Market (posted later), it consists of the same major elements.
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Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.