until there is a confirmation low, my opinion is further downside.
Just spit-balling trajectory. not much technical or fundamental analysis. looking for bullish movements during btc halving cycle.
its going up or out of business. lol not financial advice
Bullish 5-0 off the bearish harmonic. Hidden bullish divergence on MACD and RSI (Daily). Strong volume profile on weekly and daily charts at these levels. Bullish divergence on weekly. lets see if it is ready to test $11-$13 again. I'm not buying the SNP pump. its all FAANGS on the rise , the rest are struggling very hard. The rug pull is coming. Inflation...
cup w handle
VLO - valero oil co, possible area for a reversal to the downside . Hitting a sequential 9 this week. Bearish cypher.!!!! Also at a place of previous support and resistance. I am and have been bullish on most commodities especially oil and energy companies. (for weeks)... but this looks like an opportunity for a quick short position. One could watch...
could be a runner, low volume sucks but the market cap is massive. historically it likes to jump up to 38 buck anytime it gets past this current trade price. If this crosses the trend line .....look out !
Looks like there are many possibilities , I am bearish only because of a gap fill below. However the triangle lows are respected like a mofo