The SP500 started its descent from the end of 2021. In 2022 it had a drop of over 25%. In the last quarter of last year, it started to recover. The dollar index, mirrored by the SP500, rose over 20% in 2022. Also in the last quarter it started to go down. What will 2023 bring? I think the SP500 will still suffer. The good times are not yet near. It's still winter and cold!
CRO and EGLD only 2 of the projects whose patterns are similar, classic patterns with classic and well-known reactions, nothing spectacular, nothing new.
BTC - It doesn't look good at all. It doesn't look good at all. It makes classic patterns, from the triangle it turns into a flag and then down again
BTC continues its descent and for now we can see it again at $15,700...
US100 if it goes below $10,680, the next stop I see it down to $9,350
BITCOIN seems to be doing a double top. If it is so and it continues to close it completely, we have only to wait for it, the first time at $ 19,500 and then around the figure of $ 18,650
The US Dollar Index (DXY, DX, USDX) measures the value of the United States dollar relative to a basket of other currencies, including the currencies of some of the US's major trading partners. If the index is rising, it means that the dollar is strengthening against the basket - and vice-versa. I see him reach where I marked with a red circle... there, we'll see...
🤠 How much more can CRO decrease? it takes some time until it reaches the lowest minimum. Then a small side and until we exceed $0.20, we are still in the bear market. How far can it go? I see it reaching $0.07-0.08 How much more can CRO climb after? I see it at least $1.7 When? Not this year!
EGLD will continue its corrective move. I'm selling it in the $ 35-45 area, good shopping area
BITCOIN - another perspective through which we see that BITCOIN will reach the $ 19,000-21,000 area
For BITCOIN there are currently 2 possible scenarios. (V1) The first and the most likely to happen, BITCOIN will have another sudden drop, after which it will make a side channel, above the support from $ 29,400. In this scenario, I'm afraid that BTC can reach 16k and we have to take into account the V3 scenario. (V2) The second scenario, in my opinion, is less...
BITCOIN has been in an ascending channel for several years. With a dynamic resistance that he touched twice before the bears entered. And with a strong dynamic support, which every time it touched it turned the wheel and I entered bullish. Inside the ascending channel, BITCOIN had an ascending support (blue line), and every time it broke, a bitcoin price...
As I have been showing since January 5, 2022, BITCOIN will reach the area of 19,000-21,000 USD
BITCOIN I think is still on a downward trend. We still have to wait until it builds its ascending structure.
TSLA - if the price enters the side channel again (closes below $ 850), for the first time, I expect it in the area of $ 760-780. From there we can see, but it is not impossible to go below $ 660 or even in the area of $ 570.
UiPATH - a good project that I like. I see him going into a side canal and then we just have to wait for him to come out.