Seems fair to say this will be the last time to buy some
I was measuring the distance between the green ema line and the top, its so overly stretched right now even in comparison with the last top, Target should be 10200 and if it falls out of pattern we expect a big waterfall downwards. I also see bearish divergence and i think Tesla is going down this week
Yellow circles are the same pattern, the blue circle is the big picture and its also the same pattern
Not a finanicial advice because im always dead wrong about this index, but im bored so im gonna post it anyway:)
This strategy has always worked over time, if you buy XRP in the daily oversold zone and sell it in the overbought zone you can make some nice profits:) So if you love xrp you'll keep it and if you hate it you sell it later!
Few days ago i posted a comparison, i just wanted to share that it's still making the same moves. I think its very interesting to see but im not saying that it will go up ofcourse, history doesn't always repeat itself.
Today I was watching a vid about young Elon Musk and the delivery of this nice McLaren F1. The car was looking good but the part that he wanted to create a company from his money that caught my attention, just to keep things short because you can lookup the history yourself. X.com (online bank)merged with Confinity(software company) and they created what's now...
See my previous post, wait for resistance to break and a retest. Then is shall enter with a Long
Last 2 times it hit that oversold area, it went up big time. There is also a tripple bottom forming, but pay attention it can go lower