Ethereum Classic has been trading within a descending channel (yellow) since the start of the month. As of press time, the $25.24 support level had held firm. Moreover, the price has compressed in the past 24 hours (white), just beneath the channel’s upper beneath. This could see the price break out to the upside, or face rejection at the channel’s upper boundary...
Do they close they as a trap for bears? or they close the eye as a warning to bulls?
4H Chart Explanation: - On a Weekly Basis, price is on an Ascending Channel and on a Micro Ascending Trendline. - Price broke the Resistance Zone and made a Pullback to it (now Support Zone). - Price has potential to move up towards the Top of the Ascending Channel. Weekly Analyisis: Daily Analysis: Updates coming soon!
NASDAQ:FB BITFINEX:BTCUSD
This is a BUBBLE FOR ME. I remember this stock was 20. God 20 $ Same fcebook now 180 $ Bubble. Big Short..
FACEBOOK (RENKO) I see the up channel. trend up. Long term of couse its up. But there are also inflated bubble
FACEBOOK'S DAYS R NUMBERED. Even thought it may well make some weak new high but probably not that high from the previous high. They are at the top channel of parallel trading line. I marked them as Red and Light green. But also I drew a solid black like which crosses the red line and creates a triangle. Once you see the triangle has been broken FB will be weak...