Time to join the bubble again. We have finished an intermediate cycle : - price broke the FIB 50% retracement at 12.415 - RSI had left the oversold territory and printed a nice divergence -MACD is trying to cross over - At the final ICL price broke down the 100 SMA and almost tagged the 200 SMA
Yesterday price just reached the 10 EMA and today we broke the moving average and right now attacking the 20 EMA . AT the same time the intermediate trend line is broken.
We are heading to 16.000 and this will be the most powerful part of the bubble.
Not
Trendline backtested.
Not
This is the market where we don’t get screwed. Buy.buy.buy.
Not
MACD crossed over
Not
It seems we ar going to test the 200SMA before breqking to new highs. I’m going to hedge the position and reipen the longs when we tag the 200 SMA.
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.