Red lines are support turned resistance and the Green lines are support. Nasdaq dropped on Monday breaking support before closing above the support. It should be noted that the market was oversold on the rsi so a bounce was imminent. The market has had a great recovery since then and we can expect the market to reclaim some ground and even make an all-time high...
We have been bearish for a while now. as the market moves in waves . We can expect a pullback to the the former support and if that is now resistance then we will fall lower. Good Luck
DogeCoin has failed to make new highs, without a growing eco system to encourage developers to build and bear market sentiment. I believe it's only a matter of time before the next support is reached.
wait for the clear break to take the trade
Wait for the break of the box to take the trade buy 10950 sell 10800
Crazy sell off after a new high yesterday. This is my setup for today. As always wait for a clear break of the box. II
How low can we go.I notice price has been selling of on Fridays for the last weeks except last week.We have a lot of looming divergence and we are long over due for a sell of on the daily
Wait for the break of the box. Then take the trade. Be safe
Congratulations if you followed my last analysis . we need a break to reach 10700 or down to 10400. Beware of looming divergence .
This is my NAS100USD analysis for the start of the week. price rallied and reached 10400 before meeting resistance, I expect a slight pull back down and then a push to the 10500-10600 range. However if price breaks through we will go to the 10200 area