In the video (below) which presents a thorough analysis of Bitcoin (January 2018), you will discover:
✅ Why you shouldn’t buy Bitcoin any time soon
✅ The technical argument for why a sharp correction is potentially just around the corner!
✅ How far we think Bitcoin will fall
✅ Ultra-efficient buy levels
✅ The specific buy signals we are looking out for before going long
✅ The looming long-term buy set up with jaw-dropping profit potential
Any opinions expressed by our company’s representatives regarding the prices of specific currencies and the direction they will take in the future are purely opinions and are used for demonstration or training purposed only. They do not necessarily represent the opinion of Thelazytrader.com are NOT guaranteed in any way. In no event shall Thelazytrader.com have any liability for any losses incurred in connection with any decision made, action or inaction taken by any party in reliance upon the information provided verbally or via the Internet, or any delays, inaccuracies, errors in, or omissions of information.
Editors’ Picks
EUR/USD: Inverted hammer has exposed trendline support
EUR/USD risks falling to support of the trendline rising from Oct. 1 and Nov. 29 lows. The pair carved out an inverted bearish hammer on Tuesday, as it faced rejection at 1.1118 and ended on a negative note.
GBP/USD: Aims to revisit 200-hour SMA, immediate support trendline
GBP/USD registers mild losses while trading around 1.3045 during Wednesday’s Asian session. The pair earlier reversed from 50% Fib retracement of its fall from Jan 07 to 14. A two-week-old falling trend line adds to the resistance.
USD/JPY: Major bull cross fails to inspire Yen bears
USD/JPY is hovering below 110.00 with yen showing resilience, despite the bullish development on technical charts. The S&P 500 futures are hinting at risk reset in the markets. A notable equity market recovery could weigh over yen.
Editors’ Picks
EUR/USD: Inverted hammer has exposed trendline support
EUR/USD risks falling to support of the trendline rising from Oct. 1 and Nov. 29 lows. The pair carved out an inverted bearish hammer on Tuesday, as it faced rejection at 1.1118 and ended on a negative note.
GBP/USD: Aims to revisit 200-hour SMA, immediate support trendline
GBP/USD registers mild losses while trading around 1.3045 during Wednesday’s Asian session. The pair earlier reversed from 50% Fib retracement of its fall from Jan 07 to 14. A two-week-old falling trend line adds to the resistance.
USD/JPY: Major bull cross fails to inspire Yen bears
USD/JPY is hovering below 110.00 with yen showing resilience, despite the bullish development on technical charts. The S&P 500 futures are hinting at risk reset in the markets. A notable equity market recovery could weigh over yen.
Coronavirus FX Selloff, CAD Prime for Bank of Canada Breakout?
The most influential story for the financial markets today was reports that the first US case of corona virus has been confirmed. This deadly virus is spreading across the globe creating concerns about the impact on travel and consumer spending.
Gold: Stays below $1,560 following Tuesday’s bearish spinning top
Gold remains on the back foot while trading around $1,556.90 during the Asian session on Wednesday. The yellow metal portrayed a bearish candlestick formation, backed by bearish MACD, during the previous day.
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