OGA NFT
14.2K posts

OGA NFT
@OGA_Studio
Connecting financial utilities with Web3 through NFT ecosystem 🇨🇭 We make your portfolio grow. Join the community https://t.co/GKzwLtRlil




















Very oversold...








The problem with doing this is the assumption that up and down are the same in the stock market. They are not. The stock market tends to make spiked bottoms and rounded tops. This is the opposite of gold, which makes spike tops and rounded bottoms. The reason why this happens has to do with the nature of panic. People panic out of stocks and into cash, hence the spike bottoms in stocks. But people panic out of cash and into gold, hence gold's spike tops. Different markets have different chart personalities. For this reason, charts for each type of market need to be interpreted with an understanding of that market. Interpretive principles do not generally transplant well from one type of market to another because of that difference in their inherent natures.
























