Hello everyone, as we can see we have huge unemployment numbers in America, because of the virus, so we will most likely see that number increase. This means that we will most likely see another wave down. We have made perfect 4 waves, so now we have the perfect set-up for wave 5 down. We have also just bounced from the bottom of the channel that we have formed,...
On the 4-hour time frame, bitcoin is getting squeezed between the 21 day ema and the 200 ma. On the hourly time frame, a pattern which looks to be a symmetrical triangle has formed. If bitcoin could break through the four-hour 200 ma, that would set up a potential golden-cross. On the larger time frames, bitcoin is in an ascending channel, ranging for now. More...
I expect to see stocks make their next leg down and soon. Month of April 2020 if not in the next 2 weeks. Targets are the boxes. I think we'll hit the at least top two orange ones. Target 1: 18169. A retest of lows. Target 2: Fresh low. Dow 14,708 This is my target for a (dead cat?) bounce. Based on the data, currently available, I would put some money on...
After a massive rally to the top we saw a rejection and a triangle formation that was eventually broken and now it's support is tested. If the price is rejected we can easily enter in a short position with great targets. I personally think that the price will be rejected and it will go lower to my targets. - CryptonikLion
Usdcad is now retesting a previous support level (resistance) and im expecting a fall to the first green line (tp1) I will close hold my lots and hold the rest to tp 2 and 3
H&S Expecting a bounce here to fill CME GAP at 67xx then down final leg
5300$ is the first price that BTC should struggle with and this struggle is going on for 2-3 days... if the price got passed and stayed mid 5300-6090 it may show a little hope for next prices...but i think price will fall to 4200 and if the price goes under 4200 next stop is 3600... this will force miners to shut the machines off and it will force the price to go...
Based on Monthly timeframe I think we can see a more downside move on gold. At least to tap that 0.618 level.
The CME gap is very very big and you can see a big price decay. I believe it will next week close the gap between 8270 - 9050$!!!
For a bounce out of this hole BTC finds itself in, it will need to rest on a stronger support. A further dip before it rises back to previous high levels is the reasonable expectation. But crypto isn't reasonable. Don't count on it. Not financial advice. Lose money by your own ideas, not mine.
I believe eurjpy will go down more.. at least to 115.00
I WAS LOOKIG FOR BEYOND TECHNICAL ANALYSIS IN THE CHARTS AND LISTENING AC/CD, THE BEST TESTAMENT FOR THE S&P500 IN THIS WEEK ''Don't need reason, don't need rhyme Ain't nothing I would rather do Going down, party time My friends are gonna be there too I'm on the highway to hell'' BON SCOTT - AC/DC