In this special analysis, we look at the fundamentals of what is going on with the Lira, why it's losing so rapidly in value, and also the big picture on the weekly chart. Have fun watching! ;)
If you had some value from my analysis, make sure to like & follow me so you don't miss it next time, I'm doing Daily Crypto Analyses!
About myself: Global citizen & early Bitcoin adopter from Germany. I invested in the 2nd rally from 50 to 1.000 Dollars in BTC.
I have never been in Turkey for holiday. Will be dirt cheap and I consider to book a flight in automn. Istanbul was on my list since years.
Edgy_
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@MichaelShutterbug, well, it's still beautiful country to make your holidays, have fun buddy! ;)
UmutErdonmez
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@MichaelShutterbug, come, be my my guest, our house is big :D throw me some dollars while you're at it, our money's becoming a toilet paper rapidly, usa is punishing us wildly
MichaelShutterbug
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@UmutErdonmez, This is how I imagine Turks in general. Very welcoming and guest friendly. Feel sorry for you that politics in general fucks it up, again. Same shit, different place. And the ones who are suffering are the average people. It's disgusting
cjasinsk9
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Hi Jack - do you foresee any pullback or reversal at any point if market conditions remain how they are? Or just think its best to hang on as it gets closer to reaching 6 (USD))
Thanks!
Edgy_
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@cjasinsk9, All you have to do is look out for trend reversal: are we seeing any double tops, head & shoulders, or wedges on the Daily/Weekly? -if yes, you will get stopped out, based on your risk, if not: let it run. What we have right now is one Bull flag/Ascending triangle after another.
Hey Jack, Your morales, standing as a free country is more important than how much your exchange rate is. Look at Venezuella. Look at Russia. They are still alive and they have honour.