The market is breaking the bearish structure on multiple timeframes. This idea is from the Weekly perspective. The Fib Extensions are pulled from the previous cycle high to swing low. These levels will be levels to watch as the macro timeframes start to heat up. The key levels to watch are the .618 extension levels for impulses and the .236-.382 for pullbacks.
Weekly RSI is nuetral around 58. RSI has tested and held above its moving average.
recent 100-150 simple moving average cross.
hold your coinpurse tight, this is a warm up.
not financial advice. do your own DD.
Thanks for looking at the idea.
Weekly RSI is nuetral around 58. RSI has tested and held above its moving average.
recent 100-150 simple moving average cross.
hold your coinpurse tight, this is a warm up.
not financial advice. do your own DD.
Thanks for looking at the idea.
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