From a historical point of view, Stocks are falling during the summer time,(80 % probability) currently the EUR USD is negatively corelated with the DAX and other Indexes.Therefore i see this pair going up till september and the DAX going down. From a fundamental poin of view it has a lot of sence because the Fed should raise the interest rate in September. If...
double bottom + higher bottom . i think its long for a period of time ! STOP LOSS DONT FORGET AT THE RED LINE
I think this is it .., be carefull at the 0.764, if we bounce or if we go lower! but i think we will go lower
We are breaking another Triangle this time is a big one :D
The first exit was perfectly forecasted (see bellow) now the second one more triangle exit !
This is just an Update see the initial graph bellow,everithing went the way we predicted 4-or 5 days ago. Hope you did n closed your longs.We mite not finished the correction, but it is a good time to buy.
This is just an update with the new target, more in the other graph
Breaking the red zone, will open the opportunity to go to 210, and breaking the 210 with a daily close under this level wil l eventually bring us to 176. Of course we may see rebounces but.. we still need the capitulation phase to finish the bubble.. after this a new era of bitcoin may start.
we have a very strong trend so after this rebounce we shold see the continuation of this trend
Of course after such a rally we should see a rebounce, but the market is at this moment unpredictable so there is the possibility to go in short terms even higher,however the chances of doint so are not so big, therefore i would suggest to stay away at the moment and if you have long position to keep them and add mor long at the green cycle.