There are quite a few ideas mentioning how the monthly candle will be closing today (in about 50 minutes), but what people aren't mentioning that the 1, 2, 3, and 6 month candles are all closing. On top of that this also the exact halfway point of 2020.
Last July 1st the price opened around 11,139 and the lowest point of the day was at 10,396, nearly 10% lower....
Hello dear subscribers!
The price of the AUDNZD H as been moving in an up trend
and is correcting to previous support of 1.0580
Watch price action on 1.0580
and as soon as it retest and breaks 1.0580 mark, you could buy.
Good luck to you.
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Adjusting projection for spring/summer top due to fact that halvening will affect it.
Previously in 2016 there was a big peak 22 days before the halvening and lots of opportunity to get in at lower prices.
Using ghost bars also maps to about the same $17k price I had before. I am expecting a parabolic move up into the mid teens and will be scaling out a bit.
I...
Looking at how LTC responded to its halving to plan for the 2020 BTC halving. BTC previously peaked 22 days before its halving but LTC peaked 44 days ahead of it.
This suggests that halvings are getting traded away at a faster pace and it might be harder to select the exact date.
The megatrend indicator seems to have been doing a pretty robust job of trading...
