Volume is strong but then went low, see some divergence in the RSI. i expect a sell off for the end of the week and then a pick up back to new levels on monday/tuesday
pretty high price after skyrocketing and then lost momentum quick buy backs from the shoadows, 650 serving as a good spot buy at at the 0.638 fib level
Looking at the most recent downtrend from its all time high seems like its been in accumulation phase for awhile, STOCH RSI seems to be a good tool for this it is in the oversold conditions which makes it ideal for the beginning steps for a massive swing up. Has to have increased volume in order to break the SMA 20 locally and EMA 200 line in general above th2 24...
Hey Guys,
This is my first post, and really wanted to share this idea with everyone. I know it is a little messy but I really relied on the fib retractment tool to find supports and resistances for future prices. I decided to go back to see if there was a trends or pattern that can soliidfy future price movements. I took each "ATH" and see what levels it would...
