#SPOT
Spotify has been struggle for quite a long time now and many people are pretty bearish on Spotify but when everybody’s bearish what does that mean?
Spotify’s been on a downward spiral since it’s highs back in early February.
When we zoom out and look at the higher timeframe previous resistance is now currently holding as support which could give a good opportunity.
Keep your eyes open around these levels.
MACD sitting below -10
RSI below 50.
Watchlist this.
- Factor Four
Spotify has been struggle for quite a long time now and many people are pretty bearish on Spotify but when everybody’s bearish what does that mean?
Spotify’s been on a downward spiral since it’s highs back in early February.
When we zoom out and look at the higher timeframe previous resistance is now currently holding as support which could give a good opportunity.
Keep your eyes open around these levels.
MACD sitting below -10
RSI below 50.
Watchlist this.
- Factor Four
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.