This is CRYPTOFILIO - Your dark knight in the lightness... Your peaches and cream, your crypto dream Sometimes it's best to look under the bed to find the economic boogeyman! This chart illustrates the interesting correlations between various macroeconomic factors. There are two key moments of recent divergence. The beginning of the pandemic and recently,...
BTC was on an uptrend since the end of July 2021 after the massive correction between May-July. We can see BTC was very bullish with continuous green candles in the weekly chart until we hit 53k. Since that BTC started to correct. As lots of experts predicted this happen in September. At the moment BTC broke the 42k Local support and trading below. if we refer...
In this analysis i wanted to use Elliot theory to forecast a trend. Elliot Theory wasn't invented for forex trends, but for stocks market. We also know that Elliot theory use the principle of waves, that can be applied basically on everything. In this case, the waves scheme is very accurate, and all the waves seems to respect the theory. 1) I added fibonacci...