BTC HEAD AND SHOULDER PATTERN !update btcusdt
looks like bitcoin is making a head and shoulders pattern, but in terms of fundamentals, bitcoin is still quite bullish
so guys, we will wait whether bitcoin will really make a head and shoulders pattern or not, if it is true then it will be difficult for bitcoin to return to the price of HKEX:31 ,000
GoodLuck guys !
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! DYOR !
Cryypto
#ETH/USDT 1HOUR UPDATE !!Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys.
ETH/USDT UPDATE :-
As we can see ETH performing extremely well and current about to face the major resistance level of $1770.
Some consolidation is expected below the resistance and break above is likely in upcoming days which will be bullish continuation signal and green signal to enter more ALT COINS.
Rejection from resistance level will lead ETH to drop down at lower support level again and will be the invalidation of this chat analysis.
Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Sorry for my English it is not my native language.
Do hit the like button if you like it and share your charts in the comments section.
Thank you.
🔥 Has Inflation Peaked? A Century Old Trend Suggests YesWith inflation rising, the FED is applying quantitative tightening to the US market and the Dollar, which has caused chaos in the market of 2022. The market fears that the FED is not doing enough to combat this inflation, which will cause higher inflation, which will eventually cause further chaos in the markets.
However, looking at the chart it seems that inflation is currently at a massive "resistance" which has developed over the last 100 years or so. If inflation were to adhere to the trend, we can assume that inflation has peaked and will move down from here onwards, which would result in much better (bullish) market conditions.
I'm aware that applying TA on fundamental data like inflation is generally speculative at best. I think that inflation will rise further as long as the FED is unable (or unwilling) to rise the interest rates further.
Nevertheless, I think this analysis can shed a different light on on the most important piece of data of 2022.
Time will tell.
Do you think think inflation has peaked? Share your thoughts in the comments.