BTCUSD - DOOMED!!The POC support is already breached and there seems to be no signs of reversal near the second support,
The seeling volumes have just gone higher in the smaller TFs.
Only a major positive news can bring the price back up.
2008marketcrash
NIFTY - Fibs from 2008 to 2020Plotted fib retracement connecting the lows of 2008 and 2020 highs to derive long term supports of NIFTY50
Prices holds the 8550 Fib support in Feb 2020 and also in march 2020, though these levels were breached on weekly and daily charts, but monthly closing comes above 8550 levels any monthly closing below this level can lead to severe fall in the index and the next support stands near 6000 levels.
2008 Market Crash til NowA timeline of Market Structure from Market Crash of 2008 - current RECESSION
