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💾 Bank Of Nova Scotia Bearish | Cryptocurrency Can Save You!
BANK OF NOVA SCOTIA
Short
💾 Bank Of Nova Scotia Bearish | Cryptocurrency Can Save You!
By AlanSantana
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Mar 15, 2023
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Mar 15, 2023
I like this bank, I personally use it and they have been around for more than 100 years I think...
I can see now why they are panicking but should they be worrying after being around for so long?
The market moves in cycles... After a crash down comes a wave up.
Anyway, the main support for the Bank Of Nova Scotia (BNS) is the Fib. retracement level at 64.95.
Closing below it will lead to a major drop leading to 56.78 as the next support.
This can go on and on until the bigger cycle unravels completely.
Many banks will die forever but many will survive, adapt and change, adopt some form of Cryptocurrency technology and continue playing this game.
The ones that will survive will be the ones that are willing to change and adapt to the current times.
The ones that will die will be the ones that refuse to accept reality.
Life is always changing.
Everything is always changing.
Imagine how everything looked like just 50 years ago... Imagine 80 years ago.
If the companies of the past did not adopt the technology, all technologies, these are gone.
The companies that bought computers, the Internet, setup a website and email, are the ones that went to the top.
Just as you needed floppy disks and an Internet connection through a land line to stay on top...
In the present day, 21st century my friends, you need to accept Cryptocurrency to stay on top.
Namaste.
bankofnova
banks
Beyond Technical Analysis
BNS
Fundamental Analysis
scotia
scotiabank
Trend Analysis
AlanSantana
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