Charts say it all
코멘트:
Sexy 3D
코멘트:
Don't forget to look after BLX monthly log chart with EMA 10 and 25 (= weekly EMA 40 and 100)
코멘트:
and*
===> 2020 yearly pivot (8170) = still holding as support
(always look at horizontal levels before trendlines, especially when they are so important, because you can't do more important than yearly pivot)
===> bullflag descending channel = broken, with higher trendline now acting as support
(look at the logarithmic weekly chart, always use the log chart, since linear is biased on long term; you can read about that on investopedia)
===> EMA-MA 50 and 100 weekly holding as support (I'm using volume weighted versions)
===> Large volumes during pump phases since end of october
===> hidden bull div stochastic divergence on 12h (you'll also find hidden bull rsi and stoch div on lower TF)
===> wolfe wave bullish pattern on 4h, now broken
it's a specific falling wedge version, only happening on highs, and composed of 5 points
===> we had a potential diamond reversal pattern on 1h and 2h timeframes, which is now broken and valid
===> R2 monthly pivot (8440) is now acting as support again
We now must break the local POC at 8660
* POC = volumes Point of Control, is the most exchanged price level, you'll find it with the Volume Profile tool