AW Weekly Wrap Up Video - The Phoenix Will Rise From The Ashes..In this video I talk about the progress made with the analysis in relation to all the major charts covered at this present time.
I also talk about how they relates to the Dollar Milkshake theory and how we could be on the cusp of a sovereign debt crises.
When global FIAT currencies start to collapse, central banks will need to continue hiking interest rates to bring inflation under control.
This will lead to a wave of defaults which will destroy currency units which will eventually see those currencies bounce back.
Of course, this will be painful for many and nothing to celebrate.
It will also bring opportunity to those that have managed to invest in Gold and the US Dollar which will likely rise simultaneously during this time.
As people flea into a safe haven of their choosing and whilst global markets and cryptos plunge, from the ashes will rise the phoenix.
Check out all the important related ideas from the past week down below.
Remember to use Disciplined Money Management Principles to ensure longevity as a trader.
If you don't know the long term pattern shouldn't you be doing your research instead of just following the crowd?
Just remember: I am not a financial adviser; I suggest using this only as a guide. Always do your own research.
Blc
A moon in the makingSome important resitances range from 10 to 11.6 range that will flip support once broken. Overal monthly trend is clearly showing strong signs of bullishness.
I think we are in bull marker (happy to flip view once i get Monthly and Weekly trends invalidating it) but as of now. DCA hodler will be happy to know their weekly/monhtly position building will compound nicely and consistently from now on.
That means that any DIP is a BUYING opportunity.