PA got rejected by the 4.618 Fib extension.
And Now, we see that PA has retraced and is now testing that Old Dashed line of resistance, as Support. Yp remind you, that dashed line has rejected PA ever since the Oct ATH.
It is important we Hold this
The 4 hour chart shows this more clearly.
We currently see, today, is GREEN
Support is holding and providing we kerp this, I reman bullish.
The 4 Hour MACD
Keep an eye on this. We need to see it bounce, hopefully off the Neitral line.
Histogram currently RED>. shows continued Drop.
MACD is Laggy, showing what has already happened.....But the Histogram is a great way of seeing change of direction
Should Support fail, we have what appears to be the "Bottom" around 84K and then around 80500
So, We Wait.....Time will tell
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
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
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
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.