Potential Re-accumulation on SPY and Accumulation on BTC
Strong similarities in horizontal levels of support and resistance for SPY and BTC when tracking versus EBAY's accumulation phase:
Selling climax (1), double top (2, 3, 4), secondary test of lows (5), test of double top neckline (6), then down to a new low into a spring (7), then onto mark up.
Looking for a spring on both to confirm upward trend.
Strong similarities in horizontal levels of support and resistance for SPY and BTC when tracking versus EBAY's accumulation phase:
Selling climax (1), double top (2, 3, 4), secondary test of lows (5), test of double top neckline (6), then down to a new low into a spring (7), then onto mark up.
Looking for a spring on both to confirm upward trend.
Order cancelled
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.