Nasdaq / US100 just hit the Rising Support of October.
This is the level where the late September correction bottomed and a new bullish wave started.
Initially it hit the 0.618 Fibonacci level and then pulled back to the Rising Support again.
With the 1hour RSI deeply oversold, we see the current level as a strong buy opportunity.
Buy and target 20280 (Fibonacci 0.618).
Previous chart:
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This is the level where the late September correction bottomed and a new bullish wave started.
Initially it hit the 0.618 Fibonacci level and then pulled back to the Rising Support again.
With the 1hour RSI deeply oversold, we see the current level as a strong buy opportunity.
Buy and target 20280 (Fibonacci 0.618).
Previous chart:
Follow us, like the idea and leave a comment below!!
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TheCryptagon offers news & insights on global markets (crypto, forex, stocks, commodities). Follow so you don't miss anything!
🤑Message us for private forex & crypto signals in our VIP channel (70% accuracy)!💰
TELEGRAM: t.me/thecryptagon
🤑Message us for private forex & crypto signals in our VIP channel (70% accuracy)!💰
TELEGRAM: t.me/thecryptagon
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.