Simple ethereum analysis of a possible long-term bull scenario
We are now at the daily EMA support as well inside the trend yet. Maybe we are testing an old support.. who know that. What matter is that we keep the 50k level to go more up in the mid-term, otherwise we must test at least the 0.618 fibonacci's level that coincides with the 100 daily's EMA. If instead it go up from here and brokes the bullflag, then 75k it's...
Everything is bullish on bitcoin at this moment, but the retracement could be very hard as 50% value lost, keep the liquidity necessary it will go down. If the bull trend is confirmed with the clear breaking of 10k resistence buy it
For better probabilities wait that the ascending wedge is broken
Largest Head and shoulder in history
Retest the old support and than short it
If Btc goes down is a good opportunity to accumulate more, but you already know that ;)
Macro is bullish for gold, in fact it is in my long term pocket, we have an hidden bearish divergence and we can short it until 1560 and than we can long it
Macro are bullish for our safe heaven assets, just wait until Bce, Fed etc will shot they're money bazooka
Strategy to trade OIl in this moment of huge volatility