Ronaldo
#MANU .. Manchester United for SALE. RONALDO gone!For the Soccer fans out there.
Buyout negotiations could drive this to the $20 dollar level.
Better performances on the pitch and potential of better days
(it's the hope that kills you :)
Not a particularly good investment sports teams in general
More of a passion and status symbol enterprise.
Yet ManU remain a colossus which is unlikely to change.
JUVUSDT (JUVENTUS FAN TOKEN) - BULLISH SETUP ANALYSIS 🔎
- JUVUSDT brokeout above the double bottom (DB) neckline resistance (NR).
- The market hit a swing high and retraced.
- Price is retesting the neckline resistance (NR) and the key fibonacci retracement zone (0.5 - 0.618 - 0.786).
- There is a relatively high concentration of buyers at the retest zone (High buying pressure).
- The retracement is resisted by the descending trendline resistance (DTR).
- A breakout above the descending trendline resistance (DTR) could be a bullish signal.
BUY ENTRY ⬆️
- Breakout above the descending trendline resistance (DTR).
TARGETS 🎯
- Horizontal resistance level (R1).
- Horizontal resistance level (R2).
- Horizontal resistance level (R3).
- Fibonacci extension levels.
SETUP INVALIDATION ❌
- Breakdown below the 0.786 fibonacci retracement level.