HUHTAMAKI | SWING | LONGPrice came out of stage 1, creating a nice base on daily TF.
Price is being followed by 20 EMA.
Volume activity is also stable.
Emasbullish
CHENNAIPETRO | SWING | LONG | STAGE 2Price is currently in stage 2.
It is creating a nice base near ATH.
Volume dry-up.
EMAs on Weekly TF is trending.
BTC/USDT - LongBINANCE:BTCUSDT
I can see a real good movement on BTC, even though there might be some pullbacks along the movement...
(Using Fibonacci retracement) We can see a strong support (@ $29,700 - $30,000), since the very beginning of this year... and a near support/resistance (@ $40,500).... retracing the movement with fibonacci level, we can see the market projecting towards the 50% level ($44,120)... and with a big momentum move, it can make a way through the 50% level and project higher and then have a breathing space at the near support/resistance.. before completing its full movement
Also, for dynamic resistance and support, we can see both the EMA 12-period and 10-period acting as support now.. this proof the bullish direction of the market
Don't forget, there will be some pullbacks during the bullish movement
Trade carefully, and make sure you give the market enough time to play out any ways it want to
Like and share your thoughts as comment, if you agree with me or otherwise... lets trade and win together
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APPL w/ More Positive Price Action? APPL may see a minor pullback to a support/resistance region @$115.00, but with stimulus becoming more of a reality, I can't foresee a pullback of anything larger than 1.07%, @ max. W/ the 9 ema bouncing of the 20 ema @ a high value region on the 4h, indicates there should be a continuation to the upside.
