Looks like this could be the last push for the bulls if price doesn't continue to drop from the current level. Or it could be the beginning of a new bull run.
On a another note, it is very interesting how powerful numbers are. I have been studying astrology and numerology for over 10 years, hence my name. Planetary alignments, seasons, and specific number combinations play a huge role in my trades and how I operate in the real world. So I am going to give you guys a little sauce. I am sure the numbers 666 and 777 have popped in conversation or something at least once in your life. While there is a meaning behind those numbers, take a look at how they play a role in the charts. The red lines on the chart show were price end in a 666 (ex. 21,666) and the teal lines show where price ends in 777 (ex. 21777, 20777). Notice how theses numbers serve as significant level of support or resistance. You can find that price tends to do this at many different prices on different time frames. If price consolidates Below this lines, specifically the 666, it serves a good area for resistance. If price consolidates above these lines, specifically the 777, it serves as a good area for support. Nothing special or miraculous but it is something to keep in mind when predicting future targets. I have marked a small area on the chart with these lines, take a look at how price reacts at these levels.
On a another note, it is very interesting how powerful numbers are. I have been studying astrology and numerology for over 10 years, hence my name. Planetary alignments, seasons, and specific number combinations play a huge role in my trades and how I operate in the real world. So I am going to give you guys a little sauce. I am sure the numbers 666 and 777 have popped in conversation or something at least once in your life. While there is a meaning behind those numbers, take a look at how they play a role in the charts. The red lines on the chart show were price end in a 666 (ex. 21,666) and the teal lines show where price ends in 777 (ex. 21777, 20777). Notice how theses numbers serve as significant level of support or resistance. You can find that price tends to do this at many different prices on different time frames. If price consolidates Below this lines, specifically the 666, it serves a good area for resistance. If price consolidates above these lines, specifically the 777, it serves as a good area for support. Nothing special or miraculous but it is something to keep in mind when predicting future targets. I have marked a small area on the chart with these lines, take a look at how price reacts at these levels.
