Head and shoulder pattern on the above daily chart confirms resistance of the neckline. The extension from the head to the neckline takes price action to 6 cents.
The 50-day SMA (blue line) was broken and now acting as resistance. The 1st time since September 2020.
On the weekly chart below there is a regular bearish divergence between price action and the oscillators.
Somethig to remember, price action has increased 17,000% since the beginning of the year. That’s amazing.
A sell from 50 cents is amazing if you can get it. However I’d concentrate more on taking profits!
The 50-day SMA (blue line) was broken and now acting as resistance. The 1st time since September 2020.
On the weekly chart below there is a regular bearish divergence between price action and the oscillators.
Somethig to remember, price action has increased 17,000% since the beginning of the year. That’s amazing.
A sell from 50 cents is amazing if you can get it. However I’d concentrate more on taking profits!
액티브 트레이드:
Down 35% so far. This is one falling knife you don't want to catch.
코멘트:
There was a 'incredible buy' signal' recently and now a higher low is printed on the daily chart below. Expecting price action to reach 30 cents before continuing downtrend.
액티브 트레이드:
-40%, not bad. Still plenty to go. A relief rally might first occur back to the 60 cent region as indicated.
There was a 'incredible buy' signal recently as price action approached the 200-day EMA, however the overall trend is a downward one.
There was a 'incredible buy' signal recently as price action approached the 200-day EMA, however the overall trend is a downward one.
액티브 트레이드
액티브 트레이드:
price action now twice rejected by past support + 50-day / 2-day EMA rejection. Get out...
액티브 트레이드:
Be careful going long into the New Year with this one. Candle bodies are printing and closing under the annual EMA (green line). This is very bearish.
액티브 트레이드:
6 cents to go until target
거래청산: 타겟 닿음:
Bingo - thanks for playing 'How to be rekt by Elon'
BTC
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Allow 3-6 months on ideas. Not investment advice. DYOR
bc1q2eckdzh0q8vsd7swcc8et6ze7s99khhxyl7zwy
Weblink: www.patreon.com/withoutworries
Allow 3-6 months on ideas. Not investment advice. DYOR