This is an update to a previous chart published 3 months ago: As you see on this chart (zoom out necessary), Bitcoin has a repetitive history with triple bottoms which entails a 4th touch of death when it touches a 4th time (red ribbon) . This happened at least 5 times in the past (see squares and red ribbon). Chances that this happens again now are extremely...
Very simple analysis : 1. Price hit weekly support 2. Price broke daily trendline 3. Price formed nice 123 and break it above When to buy it? Now!
Usd/cad just broke the channel after hitting major PRZ (potential reversal zone) on weekly. Now we are waiting for pullback back to the previous channel low. Combined with fibonacci retracment 50 and 61.8 This could mean the first strong setup to the down side after long time. It is important to catch first setups of the new trend and it might go down so fast...
So simple case that you almost can not believe it! Best regards A.i
The fact that NZD/USD has reached major Support line on weekly + EMA 200 (on tradingview EMA is much higher i dont know why? on two other platforms is EMA 200 supporting weekly NZD/USD here it shows like break, check on your charts). Scenarios: 1. Here we can get agressive bearish 123 and retest of structure, it may be powerfull if it break that support ;) So...
Please check weekly chart if you want to be more sure. Everything is on the chart! Feel free to comment :) Academy Investment A.i