Since May, we can observe the reliability of this trendline growing by 40% without breaking down (except for a gap recovered during the day). Now the price is hitting the line, what will happen? Will it bounce back or break through to the downside given market uncertainty?
After a very high rise in gold prices during the coronavirus period, it could lose some points even with the rise of the last period of the markets. The VIX has been down quite a bit since the start of the pandemic, and now it could hit gold to hit 1750. From the point of technical analysis there is a break of the trendline (1), with subsequent retest on the MM50...
It was Ocrtober 19th when we taken the BTC boom. But now, today, BTC is touching an important trend line. So what will happen during this day? Does BTC bounce off the trend line or does BTC break the trend line? If the latter happens, maybe it will be another big boom What do you think?
Maybe here we go again, NFLX is over a great S/R, which has been tested a lot of times before these days. Also the MA200 is going up, and that it's a good thing. I think NFLX will increase its value these weeks, so maybe I’ll buy some shares, or some options. What do you think?