AMD's bear market is now starting to intensify. Just as I showed you on BTCUSD how the 2024 consolidation range became the "unbreakable support," here it is the same. Not yet tested, the long-term consolidation period that supported the recent all-time high will now become the main support level to be challenged on a bear-market crash.
AMD peaked very recently, 3-June 2026. Please notice how as Bitcoin was moving down, AMD was moving up. Now, as Bitcoin moves up, AMD will be moving down.
The all-time high resulted in a retrace, then drop and finally rounded top, confirming the end of the bullish wave. The uptrend and parabolic rise has been broken. A parabola always ends in a crash (check my analyses on Gold for more information).
The action already moved below the May 2026 high which is the point of no return. From now on, the bear market will only intensify, a major crash on the stock market will happen as Crypto grows. I can see it happening already, an inverse correlation.
Everybody has been warning about the inevitable, the stock market is going down. Take cover. Safe yourself. Protect yourself. There is still some time left. It will become pretty wild really fast... Once bearish momentum is in, there is no going back.
Namaste.
AMD peaked very recently, 3-June 2026. Please notice how as Bitcoin was moving down, AMD was moving up. Now, as Bitcoin moves up, AMD will be moving down.
The all-time high resulted in a retrace, then drop and finally rounded top, confirming the end of the bullish wave. The uptrend and parabolic rise has been broken. A parabola always ends in a crash (check my analyses on Gold for more information).
The action already moved below the May 2026 high which is the point of no return. From now on, the bear market will only intensify, a major crash on the stock market will happen as Crypto grows. I can see it happening already, an inverse correlation.
Everybody has been warning about the inevitable, the stock market is going down. Take cover. Safe yourself. Protect yourself. There is still some time left. It will become pretty wild really fast... Once bearish momentum is in, there is no going back.
Namaste.
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ข้อมูลและบทความไม่ได้มีวัตถุประสงค์เพื่อก่อให้เกิดกิจกรรมทางการเงิน, การลงทุน, การซื้อขาย, ข้อเสนอแนะ หรือคำแนะนำประเภทอื่น ๆ ที่ให้หรือรับรองโดย TradingView อ่านเพิ่มเติมใน ข้อกำหนดการใช้งาน