This COULD be the bottom IF:
1) We see bullish volume coming into the market
2) We hold the lower yellow dotted line
3) We make a higher-high as indicated on the chart
If we fall below the dotted line, my first target is the 1.618 FIB Extension
and the RED box area. This area would be our last line of support before
taking a very serious dive down into the 8000's.
1) We see bullish volume coming into the market
2) We hold the lower yellow dotted line
3) We make a higher-high as indicated on the chart
If we fall below the dotted line, my first target is the 1.618 FIB Extension
and the RED box area. This area would be our last line of support before
taking a very serious dive down into the 8000's.
Nota
We've tested our line far a higher-high, but have not close above it yet. Patience.- MACD = Bullish & in bullish territory
- RSI going to break the 50 mark into bullish territory
Nota
Bullish scenario playing out. Targeting 11K 1st, then expect to see some bullish consolidation before another move up.Seems like the bear flag this was forming has been invalidated. We have seen a bullish retest of it, and it's going well so far =)
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.
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.