SIMPLE SCALES - COMPLEX FAILS - Upside: A daily consolidation that holds 5600 would look great as this was a previous consolidation area. Acceptance above 5650 would break the previous range highs opening room into 5675, 5700 & 5750. - Downside: Acceptance below 5600 can start to break a daily support which opens room back into 5550, 5516, 5488 & 5435. -...
Lets see if we can break resistance on the S&P500 Futures!
With a nice bullish hammer on the weekly - defending the $60-62k Major support BTC could see a breakout to the upside this week or next. Of course anything is possible and this is not financial advice.
There is a strong correlation between the correction in May and the most recent correction which caused massive liquidations due to the greed and over leverage in the market, which was told to you in advance to expect. Following any big liquidation event it takes time to recover and get money back into the market but often you will see a false breakout during...
History Repeating itself. ABC corrective moves Im expecting $80k BTC At least before bear market starts.
A Picture paints a thousand words. Im expecting another trillion dollars to come in to the total market cap between now and Jan/Feb Everything you need to know is in this chart