A rising channel has a greater potiential for a breakdown.
BTC is nearing the 0.618 time fib. - 0.618 indicates a possible reversal in the trend
At the moment theres a possibility for a another small bounce at high support, based on the hidden bullish divergence on RSI. if that bounce plays out, PA and RSI needs to rise greatly in order to not print a bearish...
I know I will get a lot of flack for this, but SPY is going to make one last crazy run to $350. This will happen because of TSLA, AMD, AMZN, APPL, NVDA all pushing up the market even more to some un heard of levels. This also gives IWM to the opportunity to complete its 100% retrace from lows which will then complete the rules of elliot wave theory. After that...
As i stated before i thing that there id a huge probability that the AAPL will fall down in the next days, so i can tell that this is the right time to sell and watch out the stop loss level closely
So this analysis is based only by the price action as you can see
Another title of that is : The arrow was thrown but it doesn't hit the bear...
BTC is not slowing down, but we are forming an upward wedge. Please use causion entering BTC. We advice stop losses be set after long positions are taken.
Indicators Used in this Idea:
--Master Bull/Bear - Uptrend/Downtrend Confirmation
-MACD Buy/Sell Overlay
Download the Free and Pro indicators used in this idea at www.TradeIndicators.io - "Helping you profit!"
Actually, noticed most important points on the graph. So, watch out carefully and let's see what will happen. I'm waiting ADA to get out of this Stable range . Hope it'll be able to get enough positive volume to go up above First strong Resistance , so we can buy for very huge profits in the mid-term.
P.S. News shows that ADA will certainly overcome this...
As we can see on NZD/USD Chart Price Is gonna hit 50% fib level there's a possibility that the price will bounce or gonna go dip to the down trendline so watch out and happy trading.
Trend is up
Volatility is 15%
Kiwi is bearish
USD Is netral
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