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BGEO Potential Breakdown (Bank of Georgia)
BGEO
, 1D
Short
BGEO: BGEO Potential Breakdown (Bank of Georgia)

BGEO has been in a nice uptrend for some time now but is it really the time to switch the flip now? What we see on a chart is a healthy correction and touching the trendline support but there is a big BUT. Amidst this current situation in Georgia, Tbilisi, people has been protesting the "Russian Law" which turned now into protesting the government itself. This...

BTC Rejected of Macro .618, Now What?
BTCUSD
, 3D
Short
BTCUSD: BTC Rejected of Macro .618, Now What?

So if we look at last cycles on Bitcoin and apply Fibonacci from bull cycle to bear market bottom, we have bear rallies to 0.618-0.66 area and then we reject and dump hard until halving and real bull cycle starts. We have seen the same, I had this plan since November. In my opinion most likely scenario now is slow bleed to the downside (not saying we won't have...

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