NYSE:PL has retested MA 50 on daily and is on the way to close GAP at $3.15. Perfect adjustment: Fibonacci levels: 1 -> 0.618 -> 1.618 .
There are so much evidences for short trade : if not happens we can forget technical analysis forever.
Hello, everyone. Last days we did watch the incredible bullish action for the major indices and especially S&P500. Today we are watching double top or the neckline for the possible inverted Head-And-Shoulders pattern. SPY has too much opened gaps- with next move dow will close these and goes to ATH.
Hi, guys, do expect this possible bullish S&P 500 move? I think we will watch the 5.000 and yes 6.000 as well. New economy? New BTC etf? New tZERO tokenization? Who knows. Enjoy the chart. Cheers
Hello guys and ladies, bitcoin should retest 10.000 mark - watch fibonacci levels. 10.000 is a psychological level too.
BTC should test or retest 10.000 or lower before going higher. Look Fibonacci levels. Very important level at ca 10.0000
Very important levels should be tested before decision made: RETEST MA 50 and MA 200 on daily basis!!! BULLISH until ca~ 20k
Current state: chart is touching MA 200 on daily basis. MA200 works now as Resistance. Open chart on monthly: retest 0.825 before reverse to 1.5
Respecting 3 opened gaps, MA50, MA200. Playing inverted H&S
Can JUNE show us the hammer pattern like in MAI? Last two weeks in JUNE can show us a strong bull run. If so- we can see 4090-4250 in the next two week. That will men the STRONG REVERSAL and next target should be 5200-5400.
Just analyze the red line how many touches. 1-2-3-4-5-6-7 going to be good support.
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MA 50 crosses down MA 200 and DEATH cross will occur. Respect trend lines . Possible Head & Shoulders
Bitcoin is going to test MA 50 and retest MA200 again and possible DEATH CROSS scenario.
So much magnetic magical lines: trend lines and Moving average 200 are working as next main support
Key words: Under MA 50 and under MA 200. Blah blum Blah blum Blah blum Blah blum Blah blum Blah blum Blah blum Blah blum Blah blum