And incidentally the 1Y Peak Channel bottom.
The gravity of this point is highest of anything on the map.
Testing both points seems critical for algorithmic validation of uptrend, while aligned even more attractive.
Would either get a solid bounce or would drop right through depending on conditions.
Leaning towards the drop through scenario for the time being.
Down Megaphone, double LL H&S and Bearish W holding well.
The gravity of this point is highest of anything on the map.
Testing both points seems critical for algorithmic validation of uptrend, while aligned even more attractive.
Would either get a solid bounce or would drop right through depending on conditions.
Leaning towards the drop through scenario for the time being.
Down Megaphone, double LL H&S and Bearish W holding well.
Nota
Bigger picture...Nota
BTDippers getting wiped out in these downswings.Lost a lot of steam from that last runup.
Close under all SMAs not good...
Nota
SMA 387 and 987 on the 4H align nicely with my 3.76k and 3.6k calls...Nota
Nota
On the 1D it aligns with the 144 and 377.Nota
Didn't intend for this to behave like a fractal but so far it is...Nota
Back down to the 1.5Y Peak Channel mid-lineNota
Almost at 3.76k already!
Data analyst with a passion for best fit lines B)
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Data analyst with a passion for best fit lines B)
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.