We can never be sure of what will happen in the end
but the situation right now is critical.
Bitcoin's fate will be decided over the next three days.
the worst case to next three days: 25.5K
Conditions :
Prices must cross the yellow line (three-hour time frame). Furthermore, the price with high momentum must rise to 32.3 and stabilize above this level for at...
While the world is on the edge of crisis, there are some reasons which I personally think the gold will rise to a higher price, and maybe a touch to 2000$. Reasons are listed below:
+ Negotiations between I.R.Iran and 5+1 seemed no progress the previous week
+ The decline in Cryptocurrencies charts
+ The problems between Russia and Ukraine(USA)
+ and Arabian...
Imo the upcoming months till the EOY will be the most critical in Wish history as a stock.
Key points
1. 12 months from IPO date (meaning towards EOY) we have a new lock up period for earlier stage investors, do you think they want to sell at 7s even if the company is sinking i think there must be a play first with so much retail eye on it as well.
2. Are all the...
finally fkli has come to a decision point/critical point, where it will break higher to retest 1620...or move back lower to 1560 support level...
this is the resistance level of 1587-1594 which it has retested multiple times in the past...
so watch out for breakout...! IF break higher, long...IF breaks lower, short...
current resistance : ...
When daytrading we sometimes tend to forget to look at the bigger overview.
You see the significance of the level we are attacking right now...?
If we break this then we break the downsloping triangle were in for 7 months.
This could be a major step on the way op if we can find support there.
So let's try to test the 7138 level today, massive resistance...
I see 3 potential scenarios here. Still too early to tell. But from what I see thus far, the market will trade sideways until close and well see a potential reversal signal as soon as tomorrow OR not!
BND bounced off a critical support corresponding to November 29th, 2007, the day that yields spiked after BND dropped and miraculously regained 7.5%. We see a downward trend forming in BND indicating a tendency toward rising rates while debts and deficits continue to set record highs. If the FED is not willing to significantly debase the dollar through record...
Did a mistake in my last idea by scaling shorts/longs in screen mode, now scaled to right axis so BTC price.
This the updated version because I cant delete last idea.
(No financial advise)
I*m a doge
*Scaled and adjusted a bit around, seems to fit my correction curve that I placed months ago*
On our latest update on Bitcoin yesterday we said that there where 2 possibilities to happen which were easy to guess. Our "most likely" scenario take the stage and Bitcoin retraced to 6.8k level and re-bounce again. It seems the it tested the support level on both the 10k to 5.7k retrecment and on 8.5k to 6.7k retracement levels. It seems we are again in a...
