Short-term
S&P 500 - World markets and economy S&P 500 -3.5%, Trump said the next two weeks will be "very painful" for Americans, as the White House predicts that a coronavirus pandemic could kill 100,000 to 240,000 lives.
The worst-case scenario of a US coronavirus pandemic was also voiced, according to which the death toll could reach 1.5-2.2 million.
An additional negative is the current situation with the spread of the coronavirus: the results of March 31 saw an increase in the rate of increase in the number of new cases, although before that there were certain signs of stabilization of the situation, which as a result were not justified.
ZEN/BTC Short-term trade with Mid-term potentialAs you can see from the graph, ZEN is in descending channel right now, however, it is showing some bullish signs. After a short-term growth ZEN is forming a triangle pattern , which break out will lead us to the first target of 9840 or 10% profit. After that, if ZEN breaks out descending channel and holds above 9600 , H&S pattern will be confirmed and will bring us to the next target of 11000 , which is more than 20% if you buy now.
Cheers, wish you to make some money on this trade!
We are headed to $5900BTC is going to go to at least $5900 before there will be another prolonged period of quiet price action. As it can be seen on the chart posted, a Bart pattern is about to complete. In addition to that, we have now completed an Adam and Eve double top. Get out while you can! She's coming down..
SPY Market Bottom? BUYING OPPORTUNITY!Hey there,
please support this idea with your likes and follow me here on TV!
Just as a quick update on Stocks.
We are shortterm quite oversold on many indicators with longer term still more potential for further downside.
SPY and many other stocks like TSLA are today on 9 BUY of the TI Indicator sequential!
This is double 9 which means we already had a 9 and are now on a second.
Strong buy signal for short to intermediate term trades.
Cheers,
Konrad
BTC contrarian thought - back to 6kEverybody is currently so bullish that I simply start to feel that opposite will happen. I think we will witness a small setback and may potentially see 7k-6k again. I do believe market will continue to grow after
I know - not a groundbreaking analysis but hey this is my first published study and I will try to get better over time. Piece!