Well, More than an investment Bitcoin represents an asset and a movement whose time has come and is very much needed. Providing freedom and property rights. Fixed supply and a deflationary environment. More than profiting from this it is also important to understand the principles behind this technology. While having some cash in the bank does not completely...
Could this be a good setup? Technical analysis says yes. Long term price is most likely going up despite of this correction in the short term. 1.50$ per MATIC would be the perfect re-entry point.
Inflation is coming and GOLD is breaking its descending chanel. Might be a good time to be in.
If it breaks above 1860 and retests this area than we might have a good upside potential! Or does it fail do break? Let me know your opinions.
Markets opened higher with S&P futures moving towards the last high... What could this mean? Well, technically speaking we could see a possible double top at the 3660 mark. And also, at the 4H chart a batman bearish structure! Will this happen? Probably not because since March the markets have been moving on strong fundamentals and though multiples seem to have...
RSI bullish divergence for short term confirmed. One of the best trend reversal indicators! Bitcoin to 8,000$?
Head and shoulders formation on Daily chart; Tendency line has been broken; Resistance line above; Waiting for the retest on 4H chart at approximately 1.10650 for a short trade; R/R: 30 pips SL - 60 pips TP
History speaks for itself. Its your choice now!
I will not be shorting. Just waiting for it to touch one of major Fibo´s extensions. Gold is pushing lower to what I see as the final pullback for the big movement. 1630 sooner or later!
Gold keeping the push to higher numbers!