Understand the global market.
Ask the right questions.
Which asset class will bottom first?
Crypto is already undergoing a strong bear market and powerful drops already.
Which asset will be likely to experience stronger corrections in the near future?
The traditional assets
Stocks , bonds etc that are still highly valuated.
When the global market is ...
Bitcoin is at it's lowest since months , we have bearish pressure getting weak by time (Blue line in volume ) and rise of volume of transactions since a long period wich can mean the beginning of a new cycle for bitcoin. actually price is at previous resistance and may go down to test previous support level (also the 0.886 fibonacci retracement ) at 2700 EUR ...
A personal idea of what the pair BTC-EUR will do during the next months. Bottom is almost in and if history is a guide, then we should expect a period of consolidation similar to the previous 2015-2016 correction.
The pyramid of death was born in the beginning of the new age, it controls everything and everyone.
Time will tell if the bear finally gets down to the Valley of Death or if our fellow bulls breaks the pyramid sealing and start to rocket themselves to the moon.
Only time will tell the truth about The Pyramid of Death!
I wish you all a Lambo for x-mas!
Greetings members and guests PLEASE hit the Thumbs Up button on the right to show some support and love ---------------------------->>>>>>> ^^^^^^^^^^ <<<<<<<<
Comments and questions are welcomed below, please feel free to ASK anything!
HOW TO TRADE THIS CHART?
First like/thumbs up the chart then read below.....
This is a plan for EURO users looking at ...
Target = $986 USD
1. An asymmetric bullish/bearish pennant is drawn using ascending and descending curved trend lines with a minimum of three price action touche points per line. The direction is determined by the previous trend.
2. The angle tool is applied from the earliest two trend touch points, beginning at the earliest touch point.