I can suggest that we have reached support zone at this price, so it would be okay to make some small trade, but with pretty tight stop loss.
Be carefull - it's not financial reccomendation, just my analysis.
Have a nice day!
SPX 500 can be drastically fall down, but now it's very unclear, so i would recommend to set up tight stop loss. As we mentioned before that index is pretty high correlated with cryptocurrency, so you can do it on your own or wait for my small financial advise :)
We can see strong decreasing of S&P 500 during last days, seems like falling wedge has been triggered. Also i observe some correlation between S&P 500 and BTC, especially in that year that lead us to conclusion that top companies have bought cryptocurrency assets. But now i expect testing of first support line, you should be very carefull to place any orders....
Hello everyone, we can definitely explore bear flag formation on daily chart, at this price i expect retesting of resistance zone and then falling down.
A lot depends on BTC movement, which i believe is going down (it's available analysis on my page).
Press boost, share with friends and provide your agruments if you disagree or ask questions if you have.
As i mentioned in my previous analysis BNB triggered bear flag, but some early, so the main trend is remaining the same - downtrend.
I suggest to open short position on the retest of this flag.
Euro is showing a big recession due to war, started by Russia in Ukraine. Last time when Euro was cheaper than dollar in 2002.
We can see that strong support which was tested at price zone of 1.04 has been broke and now Euro in support zone at price of 1. I believe that we will see retest of previous zone and this retest can show us the next direction of...
It's been a while since we analysed Bitcoin.
Bitcoin is showing bearish flag from 17th of June 2022, it reached his minimum now in this flag and in case breaking down the price can be sharply dropped to the first visible support at
17 000 (never threat this a precisive price) zone, i would like to warn that this is a 17k ZONE, that can vary for some percents.
If...