February 17th, GOLDEN CROSS approaching!!!!

In a few days we will have the "confirmation" of the BULL MARKET, just in case you are still in doubt.

The most commonly used Moving averages on the daily chart seem are going to reach the so-called GOLDEN CROSS status around 17th of February.

I am speaking about the crossing of the 50 Days Moving Average, in green, through the 200 Days Moving Average.

This is the most reliable indicator of the confirmation of the start of a long Bull cycle.

Take into account that there are no indicator that can truly predict the future but the GOLDEN-CROSS as also its bearish opposite, the DEATH CROSS, used to fail less than others.

We had already a GOLDEN CROSS few months ago which triggered the FIRST WAVE of this BULL RUN (see the circle on the chart).

Using FIBONACCI's typical levels taking into account the height of this first wave, it launches a "usual" projection for the 3rd wave of 35000 USD as a conservative target (not extensive wave):

This is going to be massive mates!!!

Enjoy!

*Disclaimer: This is just my personal point of view, please, do your own assessment and act consequently. Neither this post nor myself is responsible of any of your profit/losses obtained as a result of this information.

Posted via Steemleo