We are at a critical point....and if BTC.D at 70% doesn't sound alarm bells that something important is happening then you are just not paying attention! Whats happening? During the ICO boom BTC began to lose market share to billions of dollars of ERC-20 token along with the birth of ETH and XRP. BTC had to share the attention of the evolution of smart...
In managed markets TA doesn't work as well. With that being said, I'm going to detail my tentative strategy for the upcoming year. But first let me outline the reasons behind my bullish thesis.
1) All banks are racing to zero or negative rates. - At zero banks are just printing money and handing it out. With yields dropping, banks/funds will borrow money and buy...
Another possibility is a Leading diag A of ZigZag, maybe unlikely but just in case, going off of right look, triple ZZ are rare AF, measures and channels dece, that said 3 may could be other ZZ fam, inval at 7k, 5 cant be > than 3. Or its not a LD
Time limit is specified;
Resistance and support are specified;
Price is much in the pattern;
Now the price is fluctuating between the yellow square and in case of failure it can go up to the pink range.