The support and resistance minefield.
Added Nikkei, the Japanese stock exchange made a parabolic move trough-out the 80's peaked in 1990.
See any correlation?
Added Nikkei, the Japanese stock exchange made a parabolic move trough-out the 80's peaked in 1990.
See any correlation?
Note
Bitcoin could make a similar move as the Nikkei. Compared to the Nikkei, we would be going up now to the 0.382 Fib (-53%) Let's see how this develops...Note
AmazingNote
Expecting an up-move in the triangle to the 50-week moving average going in to July.
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.