Very clear long term trend. BTC should go back to 6k area as the candle fractal suggests and test the long term parabolic support which will most likely hold just like it did when BTC reached 3k a few months back and bounced a nice +400%. You can see the purple lines that mark the BTC halving dates, all followed by bullish rallies in the short term. Next BTC...
Just breaking out of a bull pennant continuation pattern with lots of FUD in the economy. Been inside a parabolic channel for the past year, and will likely test the channel's resistance next at aprox. 50 pesos.
Will Macri's popularity be enough to stay in presidency for another term if this scenario plays out...?
Applying Sinewave theory and an inverted fractal from the last crash (10k to 5.7k) I'm expecting something similar to what you can see in the chart below. Fractals never play out exactly the same but I'm still pretty confident that the price behavior will be similar. The parabola on the bottom was placed there 2-3 weeks ago (check my last post) and the pump...
This speaks for itself. We'll see if it plays out or not. I'm posting a zoomed in picture of the fractal below and will continue updating the idea.
Cheers and good luck.
Disclaimer: This is not trading advice, just an idea.
Credit to @stevepuri for providing fractal
This is the first idea I post. All of the indicators are showing there will be a reversal soon. Other than the indicators, its is pretty clear that tradingview's chat is extremely bearish, and that is a major signal that things will turn around. Plus we have already crashed from 10k since the last bull run. If you think that the people who are...