Play on rejection of 200-day EMA after bulls fail to break the downtrend with tight stop loss. Entry: 41,000 Stop Loss: 44,000 Target Price #1: 35,000 Target Price #2: 30,000 Target Price #3: 25,000 At each price target move stop loss to 10% over target value. Reasoning: First dip below 200-day EMA of the bull run. Sharp rejection possible. Potential...
200 DAY MOVING AVERAGE HAS BEEN THE KEY FOR GOLD FOR A LONG TIME. WE HAVE REACHED THAT AREA TO BUY BY DECEMBER 15 IT WILL HAVE ALREADY STARTED THE MOVE UPWARDS
Any Elliott Wave people out there want to take a look at this expanded flat pattern, as we approach the 200-day moving average around 3000 on the S&P 500. Major bear market top resistance. What do you think is going to happen? Could be a dramatic overnight trading session and big important day tomorrow. To see if we stay in the bear market area, or cross over into...
KNOWN CRYPTO CAVE 50 DAY 200 DAY TEST TEST Just checking to see if this works, haven't don this much before :)
- Bullish break of the 200 DAY MA on great volume. - Currently consolidating nicely above cluster of daily candle closes back in Dec. '18 and April '19 - Possible Bull Flag Formation short to -mid term and ascending triangle pattern. - Still possibility to Retest 200 Day MA confirm as support if BTC Dumps