Hi,
Thanks for reading this idea.
We can clearly see the line that has been triggered last days / weeks.
I expect that it will be triggered another time. This will result in a break up or a break down.
A good break up will be confirmed if the s/r line will be tested succesfull.
but.....
A break down will be discovered by a negative divergence on RSI..... Don't be fooled by the bears.
I will post a long term view also
Thanks for reading this idea.
We can clearly see the line that has been triggered last days / weeks.
I expect that it will be triggered another time. This will result in a break up or a break down.
A good break up will be confirmed if the s/r line will be tested succesfull.
but.....
A break down will be discovered by a negative divergence on RSI..... Don't be fooled by the bears.
I will post a long term view also
Comment:
Long term
Comment:
Ultra long term (till 2024)
Comment:
on total market cap it needs to hold 232 as support. If it fails, big sell