The green trendline was an important support for GOLD and the support broke and now this green trendline is working like resistance and also if it remains valid as resistance then retest of a breakout is also completed and we can expect dump here like red arrows.
if 1815$ resistance break market is bullish or at least range here for while.
DISCLAIMER: ((trade...
I think it's about time to admit we can't keep going up forever and there are levels down at the 20K zone that we never got back to when BTC took off after the pandemic I could be wrong but if you'll look at the circled tops I have here the patterns look awfully similar to the pattern right before the big dip to 30K just food for thought
Soon going to have a golden cross and recently broke the wedge pattern now retesting can accumulate for good profits.
Levels of accumulation $ 4.3 to 4.7
Take profit levels 5.5 to 8.1
Currently Neo closes the gap to the old support arounf 40$.
We still did not see new ATH which lies around 180$.
However, we stay optimistic for this year to reach new ATH after the dust settles from this current pullback.
We broke out of the upwards channel and try to get back in again.
The volume over 2021 is high which indicates demand.
Basic rules:
- Never...
$PENN at key support showing signs of weakness, major confluence at this prices we could expect a bounce - however if breaks lower, look for retest for a great short entry aiming for major dump.
I think the latest days have been amazing for ZOM, Truforma is coming in Q121 and so other solutions in the pipeline, the prospects for the company are very good.
This team have been working for years and deserve a better company stock valuation now with their new developed technology.
For the short time, I think the stock is likely to retest the 200ma, perhaps...
So early I published a bullish flag and then the break out to off to the moon. Well I decided to take the retest even I categorize myself as a breakout trader.
At first my psychology had the best of me as I thought I my have entered to early and price reversed and went higher at the beginning of the 11am candle. So scared newbie I closed those positions before...
