Expect The US Dollar to head to $106 over the summer months.
Short Term, the trend is down. But Long Term, the trend is determined with the break of the wedge...
This is a more accurate portrayal of what I expect to take place over the medium term. "Sell in May, go away" yet again holds true.
Top of Trend Channel hit, expect a retrace to bottom over next few months - sell in May and go away!
Great trade, high probability of reversals at support and resistance.
Hit resistance and bounced. Great chance to get in...
It would only take one country to declare it illegal, and it will be all over for Bitcoin. In a year where there is going to be chaos in many parts of the world, Bitcoin will be a target for governments trying to hoard taxes:
A good chance of a retrace back to support, but long term, price target likely to be met.
Hit long term support, looks like a great trade down to resistance.
Hit resistance, looking like it'll probably head towards the lower wedge
Watch for a breakout to the upside of the wedge, and wait for it to hit the first profit target. Take half off there, and wait for it to hit the second profit target. Price Target 3 is based on long term fundamentals