SandP 500 Index SPX
The same wild triangle as Google is less well defined on SandP
- at least on downside - will likely retest the rising dynamic
of the triangle here ansd will follow Google, not the other
It does however look quite threatening - one thing for sure,
this cannot be bought again until it either it breaks lower still
or only once 2675...
ETH has just formed more or less the same set up as BTC before it broke Bearish on the 4 hour chart. Increased Bear volume and head and shoulder pattern in a rising Wedge.
BTC same pattern setting up. Will it play out the same as ETH lets see.
ETH Good buy opp at these level as the 4 hour is oversold.
There is a marked long trend tendency with similar resistance and support lines.
Inside that, we can see how the bullish price is strong and has had a retracement of 61.8%.
Both fibonacci are exactly the same, and as we can see, the story seems to repeat.
We can also see how both range have exactly the same % with very similar price unit ranges.