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Sykodelic 🔪
@Sykodelic_
7+ Year Crypto Veteran | Macro Specialist | Join my Newsletter - Syko Therapy - To Decode This Market & Win | Link Below
Joined January 2022
746 Following    74K Followers
It has led to the biggest moves we've ever seen. This is every time the 50SMA has been reclaimed on TOTAL, from market bottoms. It has never dropped afterwards. It has always gone higher. 2020 is also on this list, but can't fit on the chart. It's the same situation though. So the last 4, and only 4 times this has happened, every single time, it has gone much higher, without any downside, until much higher up. This isn't my opinion, it is just the data. Would it be smart to bet against this? Any betting shop would give you absolutely terrible odds if you bet on this happening again, because it's highly likely it does. The only outcome we have ever had from the 50SMA being reclaimed, is instantly higher. I have no idea if it will do it again this time, but the odds are incredibly in that favour. Don't fight the trend.
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