First Post - Similarities with the Sept Correction

5 мар. 2021 г.

Could be at the bottom, but it's best to wait for the knife to land first.

5 мар. 2021 г.

Заметка

The bottom has reversed as predicted by the confluence of factors:
Positive divergence on RSI
Double-top reject on 35MA to a lower-low
MACD similarity

If similarities ensue, we may see further upside and a reject on the 35MA

This will allow for a retest, ideally a double bottom, and then upwards momentum.

Watch for 35MA rejection on the 4hr and a double bottom reset.

5 мар. 2021 г.

Заметка

The double bottom should align around $298, but may be a fast move. It is best to not act until there is a bounce off of 298