This is the weekly Heikin Ashi Candlestick Chart for BTCUSD on BITSTAMP 2012-2022. The Russian-Ukraine conflict/war caused Bitcoin to drop below the all time low trend line. Keeping in the parallel channel, price of bitcoin will be a million dollars in 4 years. = )
There are several fractals taken from different timeframes & price levels which keep repeating in the almost exact way. Tried to point out some of them here. Some others will follow later.
There are several fractals taken from different timeframes & price levels which keep repeating in the almost exact way.
Hi everyone! Before we get started, please hit the like button to put this idea on the top spotlight. For those who have been following our charts on Tradingview and Telegram, you know we have been offering a unique perspective on the market for quite some time. If you remember well, we were the first to point the double rising and falling wedges at the current...
Okay, looking back the 200 Weekly MA is a pretty strong support level for the SPY. The last time such support was breached was the 2008 recession. The big question is not really if we will bounce (as we already obviously have), but if the bounce will be sustained. Overall, I think the bounce will fail around the high 250s to 260, because there is a lot of previous...
CAC40 Resistance 2015 Trendline DOWN Possible break UP to 2011 Upper Trendline Overall looking for SHORT Position iBrokers www.ibrokers.ee
With the markets bouncing off its' lows and come roaring back to close the week with a gain, it has left many to wonder if this is 2008 or 2011 playing out. The argument for a continued bull market is that the market did hold the previous support of October's 2014 sell off, and put in a weekly reversal hammer. Also, the market was able to hold its' long term...