targets on charts grat pattern support found biden admin brekaout inc?
bionano if cataclyst this can run very hard targets on chart
Paralell structure Clean breaks I think we go down. 157 MAX UPPER CHANNEL then short all indexes
yes i'm publishing a scalp style on eth here buy and sell zones and reasoning
Notice same pattern with oscillators on weekly and monthly. weekly is clearer and cleaner tho
Reasons why this is the temporary bottom: -Bollinger band structure and previous bounces -FIB 0.618 weekly chart -Fresh sweep of liquidity at previous high in JANUARY -RSI 30 and potential Bullish divergence -RSI on 2D chart 50 (indicates support) -Max Elon FUD and pain Path for now: -Chop around this zone -Goes to 47.5K then retest previous zone around low...
analyse stock with trend rsi bollinger pivot
bollinger rsi trend confluence pivot
ta lesson about trnedlines and horizontal supports
reached key level from 2017-2018 now is not the time to be bullish imo reduce risk or enter short
SPY did a blow off top and closed around parallel channel with bearish divergence after that it broke below key levels
MACD 4H CROSS RSI WAS AROUND 30 Bullish PA but lack of volume in anticipation of option expiry (priced in) we might have bottomed out
Beyond pull backed to 0.618 golden pocket fib ratio to 164 This is a strong buy from this level. Buy or stay poor.
RSI is then 30 on the 2 day chart (strong buy signal)--- STOCK bottomed out Trendline from 2019 will hold there FIB 0.61 (golden fib zone) will hold there
CONFLUENCE IN PIVOT SUPPORT RESISTANCE MA100 DAILY CHART FIB 0.61 IS FIRST BOUNCE AREA AND 12000 IS LAST SUPPORT/BOTTOM
TRENDLINE HOLDS FOR NOW 29 144 IS SAFE LONG ZONE ADD RISK THERE--- CONFLUENCE IN MOVING AVERAGE/SUPPORT/PIVOT/RESISTANCE KEEP AN EYE ON VIX/DOLLAR AND THE POLICIES OF BIDEN AND YELLEN CATACLYST IS NEEDED FOR UPWARDS MOMENTUM. MAX PAIN ZONE: 28 125
FEW WILL UNDERSTAND AND UNDERESTIMATE. I ALWAYS WIN. SIMPLE.