This chart ladies and gentlemen is on the idea that psychologically if traders are in fear, they will be putting their assets into safe havens… The projection above MUST be considered on the basis that the FOMC does not cause madness in the market…Be Cautious.
This is projection is based on the idea that if traders are in fear, then we are to see USDT.D hit these zones in the chart. Also, Bitcoin would ideally follow suite.
Pay attention to what is going on…
Sometimes you see USDT.D move first, then bitcoin, or Gold, then bitcoin then USDT.D..
Let’s see what happens with this one.
Mad Love
T