EURUSD has moved below the weekly Kumo on Ichimoku charts. MO on the 4-hour charts confirmed another push down this past Friday. See side-by-side charts at link.
I just noticed these angles lessening on the detrended price oscillator, right near some crossovers and Stoic RSI being overbought with the second bactrian hump coming into play. $465s again?
Testing former support lines in T-minus 19 hours and counting.
Of course, the projected future waves are pure speculation and I'm not expecting any patterns to repeat themselves exactly. There do exist, however, 7-year and 13-year cycles in the market that deserve consideration and further research, considering the similarities I believe to be showing quite clearly in this comparison. I have made an effort to simplify this...
I'd sell if I was long under this price. But I'm not. So take that with a grain of salt.
I really don't have much to say ... But I am happy that my remaining sells all triggered at $605 while I was being evilly trolled by the $1000 bulls. And except for a few morsels left that I trade altcoins with, I'm 100% out, til the bottom, then maybe I'll come back out and play.
I can't say I'm bullish on BTC... and I did fortunately liquidate my mining slush pool at $595, but I didn't necessarily anticipate this current price, at this time. BIG news is the only thing that's going to save BTC, right now. That said, I still have 0.2BTC left that came in from my miners last night. Anyone bulls want to buy it for $120? Because, you...