Expanding ending diagonal (megaphone pattern) in five waves finished off last week. ABC moves for each of the five waves. Broke down below RSI support and now backtesting it, just like Bitcoin did before starting a correction last night. Also, noticed how Bitcoin have been leading SPX in serious corrections the past year? Things to watch: breakout of the VIX falling wedge.
From my analysis, these are the resistance levels BitCoin traders are currently fighting over. Link to anyone who is interested and want to watch the event:
www.tradingview.com
Cheers,
Navigating Shifting Landscapes
ABOUT
- Low cost airline company that offer nice and comfortable, cheap flights to (especially) Europe and Worldwide destinations.
- Adapting Bitcoin as accepted payment from August.
MANAGEMENT
- One of two major airlines in Norway.
- Been taking a substantial beating during the Coronavirus crisis, risking bankruptcy.
- Change of management last year....
We're now headed towards the 10 000 that a lot of people are talking about. In my opinion thats gonna be an easy barrier to cross with this momentum. What do you guys think?
We're headed for the start. It will be so exiting to see what the human economy 2.0 will be like in the workings!! THIS IS A VERY EXITING TIME TO BE ALIVE!
Coronavirus induced financial crisis set us up for this charge now shooting it with a MAXIMUM MOMENTUM towards the 2,5 years resistance line as well as the 10 000. IS A NEW ECONOMY SETUP LAUNCH HAPPENING AND GOING PUBLIC AS WE SPEAK?? IN THAT CASE, THIS LAUNCH HAS A LOT OF FREAKIN POWER. Note the volume on the charges along all of this PUMP-AND-CHARGE LINE RIGHT HERE.
A lot of strength now. Pumping on large volume for the poles and flags. Bears surrendering on much lower volume each time. We are headed towards the upper resistance of 2, 5 years as well as the 10 000 resistance line in this fashion and i think we're gonna pierce through it.
