Waterfall (and winter) is coming. GBP/JPY is capable to develop strong downtrend that exceed thousands of pips. The resistance line at 186.767 is the last strong resistance in the way.
Following my previous post, we are getting very close to the final drop, which I believe will be much bigger than people anticipate. Here is the chart for the dot com crash and the 2008 financial crisis, each event has began with a small price increase and then a drop. This event then happened twice more on a larger scale, with the final, aggressive pump resulting...
Hello Traders
We are in a critical marketplace this year
Believe me
if we go for scenario A we well see a rising pattern again
the market will be green for many days and we have a lot of peritonitis in crypto
otherwise, we expect scenario B that means long winter is coming it may take a while about 2 years
and again we have a chance to buy nice deeps for next having.
Not going to elaborate much on this though there seems to be a distribution thats been going down at the top of this massive ascending channel starting back in the summer,
Winter is here boys and girls, I see a small little upside followed by the ending phase of this distribution and out of the ascending channel.
next support around 48k ish
That's all folks
