SUPRA chart analysisSo far I have called every move on SUPRA since joining the SUPRA tribe.
What we see on this chart is SUPRA is in a downtrend still rejecting off fib pocket each time. I have not shown the fib indicators here to show this as the chart would be too messy.
On the Stoch RSI we can see each time it crosses up as shown by the orange vertical lines, the price on the chart goes from the yellow arrow to the % as shown by the green price ranges.
The Stoch RSI needs to get above 40 as it has not done so yet and this will break SUPRA out of the downtrend. Also the normal RSI is in a downtrend also as you can see.
On the chart the 0.03252 yellow line is major resistance as well as the current green trendline keeping SUPRA in a downtrend.
The current cross of the Stoch rsi shows an upward move already on the price chart and the estimated target which is exactly where the fib pocket is. If reject there price goes lower to 0.016
Do not forget to smash that rocket like button!
