The S&P 500 lost its neutral zone channel bottom on the weekly chart, indicating a fall towards the next levels below. After the first sell-off, it corrected slightly but then lost the same support again, confirming the downward trend. It's now only a matter of time before we see the S&P 500 hitting its minimum in a sharp decline, accumulating a 22% drop since July 2022.
avalanche is close to breaking the daily chart's neutral zone. if it happens to break and close above, the price tends to look for new tops that I left drawn on the chart. remembering that if it is a search for a new historical top, the price may exceed 2 take levels
if it remains below the neutral zone and the price returns to the reference channel breaking the...
I leave this analysis to those who still believe in the bullmarket and are looking for a good entry point for bitcoin.
always remember that the market rewards those who are patient
I don't use classic price action. I use channels and a specific strategy that I can teach them in more posts.
