PREVIOUS VERSION OF THIS POST GOT MESSED UP AND I LOST TIME TO EDIT SORRY
this one should make more sense
The Green box we are in currently has acted as Support and resistance for a few months now but maybe its time is coming to an end.
Note the exact same day spans on the marked zones.
Note that the Descending channel that PA is in, is getting tighter and currently, as PA remains pressed under the line of resistance, the other trendline Gets closer.
Time is running out for PA to react and react it Must - As you can see, the 112 day limit on the right is exactly when the two lines of Resistance cross each other
Failure of PA to react to this would be a big move to lower support, probably back to wicking down to the $17K Mark on a weekly Candle
We shall see
this one should make more sense
The Green box we are in currently has acted as Support and resistance for a few months now but maybe its time is coming to an end.
Note the exact same day spans on the marked zones.
Note that the Descending channel that PA is in, is getting tighter and currently, as PA remains pressed under the line of resistance, the other trendline Gets closer.
Time is running out for PA to react and react it Must - As you can see, the 112 day limit on the right is exactly when the two lines of Resistance cross each other
Failure of PA to react to this would be a big move to lower support, probably back to wicking down to the $17K Mark on a weekly Candle
We shall see
Nothing to be taken as Financial advice.
I will always say
"Only invest what you can afford to loose. When you are ready, take out your original investment. This way, it is only your profit that is at risk"
THAT is Financial advice
I will always say
"Only invest what you can afford to loose. When you are ready, take out your original investment. This way, it is only your profit that is at risk"
THAT is Financial advice
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.
Nothing to be taken as Financial advice.
I will always say
"Only invest what you can afford to loose. When you are ready, take out your original investment. This way, it is only your profit that is at risk"
THAT is Financial advice
I will always say
"Only invest what you can afford to loose. When you are ready, take out your original investment. This way, it is only your profit that is at risk"
THAT is Financial advice
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.