My analysis shows thst we are going to face a really serious correction (+80% drop). Also, the Dow Jones is right now in a resistance zone formed by the tops of the bull markets of 1929 and 2000. Do not expect that we cross that resistance like nothing bad is happening (upcoming inflation, increase of debt, stocks shares really overvalued, etc.). This looks really...
It was very unlikely under my point of view to just break out and start thinking of new highs without even confirming that break out as we've been in a sideways trend channel for a big while already. I just bought more BTC. We'll see. What's your analysis conclusion guys?
My style is very simple. I always try to use the most simple tools we all know such us supports, resistances, triangles, S&H&S,... Sometimes I may consider EMA or Fibonacci as well but not that frequently. In this case, I just wanted to share this with you as it is working well for me and also I would like to hear some feedback from you guys. That's it! Enjoy...
Hi guys, Just to share with you my analysis about BCH/USD. I think this hilarious dip has just arrived to its end. At least in the very short term. I expect it is drawing an inverted Shoulder-Head-Shoulder. If it breaks out the orange downward trend in the next kick to the resistance there will be very high probabilities of a change upwards. My conclusion: if...