So theres a bit of sarcasm in the title but hey, I like to have a bit of fun :)
The uptrend has broken below the pitchfork with decent sell volume. In my previous posts I claimed we would need to find support above the 1.0 fib level to continue upward. This unfortunately did not happen. In fact, the 0.786 fib level gave way to the bears as well. Expecting a bounce or consolidation at the .618 fib around 0.255 cents where the 200 day moving average perfectly aligns. This area was also month long support from August - September 2019.
Short Term View From A Long Term Bull.
Please Like & Comment ------> Lets Be Friends **even if we disagree**
HAVE A GREAT DAY. LIFE IS A GIFT.
Not Financial Advice.
The uptrend has broken below the pitchfork with decent sell volume. In my previous posts I claimed we would need to find support above the 1.0 fib level to continue upward. This unfortunately did not happen. In fact, the 0.786 fib level gave way to the bears as well. Expecting a bounce or consolidation at the .618 fib around 0.255 cents where the 200 day moving average perfectly aligns. This area was also month long support from August - September 2019.
Short Term View From A Long Term Bull.
Please Like & Comment ------> Lets Be Friends **even if we disagree**
HAVE A GREAT DAY. LIFE IS A GIFT.
Not Financial Advice.