I assume we will have one significant bull trap... if the bounce back is hard and fast, the breakdown will be faster and more volatile. Happy hunting
Prices only go up is back I suppose... OPEC members clearly love high oil prices and the revenue they get from it... don't expect lower oil prices soon.
Prices have cooled down a little bit, but Gazprom halted Nord Stream 1 "indefinitely". Dmitry Medvedev said prices could go up to 5k for 1000 M3 of gas this winter, while Gasprom is announcing 4k.
If we break 3900$ most probably we are sliding slowly towards 2800$. Considering FED hawkishness, China's real estate problems, and inflation this is the most probable outcome. Major resistance towards the bottom-200MA, 3400$ and 3600$ zones. MACD also implies downtrend continuation, and RSI is still not oversold... Good luck Traders.
BTC 4hrs structure development, I am targeting 13K at the end. Stock market meltdown will pull BTC (According to me) to its 2018-2019 levels (10K-16K roughly speaking) +/- 10% Happy hunting boys and girls
just leaving this here for my future self :D this could be major signal for markets nose-diving into recession
BINANCE:BTCUSDT I want to save my idea for 2 year-long investment journey...