Like I said three months ago, we are going to have a prolonged flat, from which we will go up.
The timing was almost exactly as predicted.
As we saw in this flat, there was a bearish sentiment amongst many and the upward momentum was triggered by the fake news about Amazon.
On the chart we can see how we did not break the resistance line the first time, we have corrected and now we have broken this line, we need to consolidate above this support line to continue rising.
To reach the 47-51k zone
Why this particular range?
1. This is the 50-61.8% Fibonacci level;
2.there is the neck line of the global head and shoulders pattern;
3. large horizontal volumes.
I assume that in this range we will hustle for 2-3 weeks, form some kind of fake upward continuation pattern and at the most responsible moment we may go down.
Over 2-3 weeks of flat, I think some alts will make good moves.
Be careful of short positions, now it is fuel for growth.
Best regards EXCAVO
The timing was almost exactly as predicted.
As we saw in this flat, there was a bearish sentiment amongst many and the upward momentum was triggered by the fake news about Amazon.
On the chart we can see how we did not break the resistance line the first time, we have corrected and now we have broken this line, we need to consolidate above this support line to continue rising.
To reach the 47-51k zone
Why this particular range?
1. This is the 50-61.8% Fibonacci level;
2.there is the neck line of the global head and shoulders pattern;
3. large horizontal volumes.
I assume that in this range we will hustle for 2-3 weeks, form some kind of fake upward continuation pattern and at the most responsible moment we may go down.
Over 2-3 weeks of flat, I think some alts will make good moves.
Be careful of short positions, now it is fuel for growth.
Best regards EXCAVO
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Free analysis→ t.me/+Qm96gDz3qdyNOs8t
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Strategies t.me/ExcavoPulseBot
🎓 → t.me/EXCAVOREFF_bot
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해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
bitunix.com/register?vipCode=Ri1J7239
trading-tournaments.com/tournaments
Free analysis→ t.me/+Qm96gDz3qdyNOs8t
Indicators → excavo.com/
Strategies t.me/ExcavoPulseBot
🎓 → t.me/EXCAVOREFF_bot
trading-tournaments.com/tournaments
Free analysis→ t.me/+Qm96gDz3qdyNOs8t
Indicators → excavo.com/
Strategies t.me/ExcavoPulseBot
🎓 → t.me/EXCAVOREFF_bot
관련 발행물
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.