Here we can see AMEX:FXI potentially breaking out of a multi-year downtrend after a 2021 top. The stock formed an inverse head and shoulders pattern while touching support and bottoming at about $20.84. A large cap ETF such as this could be a very low risk trade heading towards the latter half of the year. Personally, I will be waiting to buy after it starts...
First time publishing, so the Fib sequences could be off a bit. However. If you zoom out, Bitcoin is forming a massive cup and handle formation. We could see a bit of sell off as it hits resistance. However, I think post halving the supply shock will be even worse than it is now. A couple of good catalysts and I believe we take off to six figures and up by the end...