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Strategy Inc
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Strategy Inc —Perfect ABC correction, a repeat of 2021-22

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Strategy Inc (MSTR) went through the exact same sequence in 2021-22. A perfect ABC correction. The end of wave C produced the highest volume (bearish) and also the bottom. It lasted 455 days.

The current bear market drew a perfect ABC correction. The end of wave C has the highest volume (bearish). It has been going for 441 days.

Both corrections deleted the preceding bullish move in its totality. Looks like this correction reached its end.

Log chart: snapshot

Namaste.
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The current bullish breakout confirms the start of a prolonged bullish market phase. It also confirms the described ABC as the end of the bear market.

The fact that it took so long for the bullish breakout to happen, almost three months, shows that this will not be a minor bullish jump but the start of a new market phase. A bullish impulse or bull market. Long-term growth.

Namaste.
MasterAnanda
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Chart PatternsTechnical IndicatorsTrend Analysis
MasterAnanda
🔥 TOP Results Leverage (Altcoins)
t.me/masteranandatrades/8266

🔶 TOP Results Lev. & Spot (Crypto)
t.me/masteranandatrades/8135

🚨 FREE 3-25X Leverage Trade-Numbers 👇
t.me/masteranandatrades/8443
Also on:

Related publications

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.