TOTAL is totally streched to upside; it is not only derivating but is also on a dangerous wedge, signaling a very possible drop (purple arrow down), at least to touch:
1- an important Fibonacci Circle (marked on red)
2- the support of TOTAL all-times-high (horizontal blue dotted line)
3- old May 2021 support of TOTAL all-times-high (horizontal pink dotted line)
4- ceiling of ghost channel from the last few months of downtrend (yellow channel)
5- volume weighted support line (black line)
6- possible touch on 200 EMA (green strong line)
You can see also that first pannel is about to show a crossing of RSI lines
Second pannel shows a red dot sell signal on Detonator B
Third pannel shows also a crossing down on Detonator C
MACD is losing strengh
We don´t know yet if the market still has bullets to go to the upside, showed by the thin purple arrow, but it is a possibility, as target coincides with very important (years back) trend line of resistence
1- an important Fibonacci Circle (marked on red)
2- the support of TOTAL all-times-high (horizontal blue dotted line)
3- old May 2021 support of TOTAL all-times-high (horizontal pink dotted line)
4- ceiling of ghost channel from the last few months of downtrend (yellow channel)
5- volume weighted support line (black line)
6- possible touch on 200 EMA (green strong line)
You can see also that first pannel is about to show a crossing of RSI lines
Second pannel shows a red dot sell signal on Detonator B
Third pannel shows also a crossing down on Detonator C
MACD is losing strengh
We don´t know yet if the market still has bullets to go to the upside, showed by the thin purple arrow, but it is a possibility, as target coincides with very important (years back) trend line of resistence
Do you want to trade like a time traveler from future knowing exactly what markets will do?
Trade with this level of confidence!
With "Long Term Trade" Reports by bitcointaf.com/conrado we deliver future charts from 6 to 100 months in advance
Trade with this level of confidence!
With "Long Term Trade" Reports by bitcointaf.com/conrado we deliver future charts from 6 to 100 months in advance
Feragatname
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.
Do you want to trade like a time traveler from future knowing exactly what markets will do?
Trade with this level of confidence!
With "Long Term Trade" Reports by bitcointaf.com/conrado we deliver future charts from 6 to 100 months in advance
Trade with this level of confidence!
With "Long Term Trade" Reports by bitcointaf.com/conrado we deliver future charts from 6 to 100 months in advance
Feragatname
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.