We will meet you in higher areas.
We are unlikely to go 50% of the area depth, but we must consider the probabilities. The microwaves are ready to react.
In the $ 36 area, circular Speedline and Fib circles do not allow us to move. Also, my indicators have retreated in area two. If we can not keep $ 35, we will move to $ 32, which is not to worry about, where strong support supports us.
We have signs that the situation is stable, and the famous 32-cent area has shown good support. We need to break our downtrends to move forward, and we will succeed. Note the yellow axis line in the indicators and the downtrend line in the chart. We need to break them to keep moving. It is better to remember the slogan of this network. (New Economic Movement)
To move, we must first penetrate and stabilize, and then our movement will begin. I do not like this dull process. But I will wait and persevere in this path.
Both the 9-day moving average and the dashed line in the middle of the uptrend channel. If your stops are below the 20-day average, you have been very vigilant.
A turn that breaks the stops and a move to break the yellow line
In the event of a price reduction we have tremendous support in the $ 50,978 area. There is a 9-day blue moving area in this area. And just below that, a 20-day moving in area 50584. The condition of my indicators is good. RSI in the area of power Aroon in the area of domination And macd has just started.
Remember the number 75. We are going to start the next wave on it.
We will break it soon.
This Monday there is news on the way. I can smell the ascent and exit from the affected areas. Right after the end of this beautiful gray microwave.
The middle line and the yellow line are in this area for 20 days. We need to ride on this area and move to the white box. Our top runway is right there.
Supply and demand are equal. And my movement in the neutral direction.
Area 49350 plays a strong resistance role. I expect to go up and down the waves a little tomorrow to finally break our trend line. Our strong support level is in the $ 46,000 area. We must maintain this level.
Our flag pattern is formed. We have kept the 50% level. But the indicators have taken the form of a fall. I can estimate the red shadows in the orange rectangle, but my candlestick body will remain in the flag.
If we place our stop in the 38798 area, a shadow can come close to it. But rest assured, next week we will get through this crisis.
Incremental scenario: the price breaks the 59,000 resistance level and our candlestick body falls to the 59,000 level. Then I have two goals. 60224 and 64500 ------------------------------------------- Reduction scenario: the price enters the correction zone 48100 and 49167 due to shock. But the strong support area of S. And shows the depth of the...