Since the middle of last week, SPOT has shown its strong side, jumping about 17% at its peak. Given that this move surpassed the early September high, it should represent a good sign for the ongoing upward movement. Primarily, we expect long-term gains to extend well beyond the resistance at $785. Following this, sell-offs should occur down below the mentioned level before the price should rise significantly again. At the same time, there remains the alternative possibility of an incomplete, deeper downward movement below the $405 support (probability: 40%).
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📊 Daily market insights combining macro + Elliott Wave analysis
🚀 Spot trends early with momentum, sentiment & price structure
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🚀 Spot trends early with momentum, sentiment & price structure
🌐 Join thousands trading smarter at hkcmglobal.com
相關出版品
免責聲明
這些資訊和出版物並非旨在提供，也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。