Traders,
These charts could mean nothing to you .
But its telling a truth that capital probably flowing from
Crypto currency which is under hard situation to commodities esp GOLD.
BTCUSD finished a ABC wave (blue) up to almost $20k,
while almost at the same time ( December 2017, same month) Gold finished a ABC descending trend.
Gold is definitely in a bullish trend while CRYPTO is in the
bear.
Just a thought, do not be mean here!
Cheers!
Less is more!
These charts could mean nothing to you .
But its telling a truth that capital probably flowing from
Crypto currency which is under hard situation to commodities esp GOLD.
BTCUSD finished a ABC wave (blue) up to almost $20k,
while almost at the same time ( December 2017, same month) Gold finished a ABC descending trend.
Gold is definitely in a bullish trend while CRYPTO is in the
bear.
Just a thought, do not be mean here!
Cheers!
Less is more!
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BTCUSD
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we will follow the channel and two support and resistance zone to see how it goes.
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