/biz/ - Business & Finance

>>58182045
Hey I haven't looked at that chart in a while. So here we have late stage p&d. Fairly sedentary unwind off the peak for this category of price action. Plenty of time to understand it's over, the squeeze predicted already happened, this is just burning embers making their way slowly to cold ashes in the wind.
>b-b-but it could spike again
Yes that's also not too uncommon in these charts. Question is spike to where from where and where would this be relative to your cost average? I'll tell you right now it's unlikely to be favorable for (you).