The current US economic environment is one of rising prices (ISM Price Index up) while growth is slowing (employment and ISM manufacturing index down), this is stagflation, which is an ideal setting for lower US dollar prices and higher gold, silver and crypto prices.
An elephant moves so fast, a lion moves faster, each have their own pace or stride, so does a price of a security. Parallel channel lines can show the energy of price moves, therefore we can see what can happen if we map prior energy price move to a current price move.
Well it is as good as any other tool out there! Ha!
Chart 1 - LITECOIN TARGET
Chart 2 - ETHEREUM TARGET
Original Post: https://ift.tt/3uA2OHk
No comments:
Post a Comment