On the weekly chart, price seems to have bounced off of the 200 MA. Given the unlimited money printing by the FED, this is a great hedge. Should reach $12,360 by June... if not higher. Remember FOMO from 2017??? We haven't seen anything yet!
IF this breaks... we are headed much lower. I believe we will break down to the 16,200 level before any major bounce. If we do hold then expect a nice SHORT rally to the 24,900 area before turning back down.
Small bounce coming with stim package from FED. Short lived... Then the real drop!
Should have a nice bounce from this area, if not there is quite a bit of downside left
UEPS looks ripe for a nice pop to the upside.
100 MA will cross 200 MA again, but this time with a bit more strength. What I believe will happen prior to the halvening.
Here comes the FED, to keep us out of the red. That .323 is the mark... break that low and we are in for a ride.
IF the virus fears start effecting the markets, then we could see DXY break this pattern and head much higher. However I expect a pullback until late April or early May before any substantial move higher.
This could be the top for the time being with a larger sell off occurring in May
Looking for a pretty large move up from any breakout here. Alt season is coming!
Looking for a move lower to the 94.5 area
Major level to break for USD. Looking for more downside.