But the whole economy is involved.
I'm long CAD as my main position. so far it's been a shit show.
There might be one final push.
But it could drop to 300, so hold on to your poop.
Well this looks like something is about to happen.
ETHXBT is nearing the end of the consolidation phase after March's bubble caused by a spam marketing campaign
XBTUSD is bouncing off of a pretty strong support line, however the amount of volatility suggests that there is significant risk on both sides
Until we see a definitive reversal (keep an eye as we approach the halvening)
But there's a dangerous drop lurking just around the corner.
What happened after the last super obvious head and shoulders pattern?
Not much going on until next week unless there's a sudden crash.
Why ETHXBT could drop to 010
In the past mean reversion has been pretty quick, but maybe ETH finally peaked.
No significant evidence of a recovery from this crash. Losses accelerating.
Looks like XBTUSD might be breaking out of this big triangle
Or go up.
The blue boxes look similar to me.