dadae

dadae

O.O

dadae

>.<

dadae

Because yes

dadae

This falling wedge is a sign of bearish pressure starting to decline in my opinion.

dadae

Tight situation right know, no one knows where it is going to be, but these are areas of potential bounce.

dadae

watchout boys lets see if we keep pushing the flat top

dadae

Well, no. Based on nothing but bull capitulation .

dadae

hmm

dadae

Strong support area if we want to aim for a push towards my previous long target area around 7.7k to 8k bulls need to hold this level. The 0.618 is 6830 and losing this level would mean we gonna tank again.

dadae Updated 

Description in the chart: Resistance being tested 1.272 Extension fib profit taking Ascending triangle (support going higher until breakout)

dadae

If bulls can hold this lower trendline where we just bounced at 6.4k (PINK) then we probably gonna test upper trendline(Golden) once again and probably get rejected but this would be forming this massive bull flag 3 month correction. April just started and I really think this scenario is the most plausible. If we fail to hold this lower trendline then expect...