Exaggerated divergence, imitating the past wave (c***d). THIS IS A ANALYSIS NOT A TRADE.
Good support a llitle bellow MA20.
Possible cup botton and ready to fill.
Price will slice soon.
Price respecting ma
Price will fall next week.
Perhaps the shortage of new highs makes us blind to see what the BTC is doing. I think the answer is in the recent lows; If we look closely we see a possible cup and handle pattern in formation. Normally when a resistance is very strong, the price action suggests that only time will be able to break it, and it is common in the markets to see the formation of a cup...
SP500 volatility high near to break up.
Threatened multi year support. if broke down official recession door can be open... Or well a rebound on next week can change the bearish sentiment?...
In this time TSX have moved down 50%. Vs 30% down on current bubble. 2020 bubble is ten times more aggresive than 2008
This bubble is ten times more aggresive than 2008 crisis. Note about 15 trading days is loosing about 30% versus about 50% losed on 2008 on about nine months Please compare with my another publication about 2008
On fib 1.618 as main target. Because Oil is falling and another commdity currencies are exposed.
Seem loonking for new fresh highs.
Oil crash in this black monday leaves colombian economy highly exposed to recession.