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Re: Bodach post# 20305

Friday, 08/07/2020 11:57:40 AM

Friday, August 07, 2020 11:57:40 AM

Post# of 48711
Did I tell ya or did I tell ya:

What happens tomorrow w/ CHART:

Just gonna play it out cause why not. And THIS IS ALL MY OPINION AND I'M NOT QUALIFIED FOR FINANCIAL ADVICE but hey I love just watching charts do what they say they will.

Gap up and run to .026, then collapse in a "OMG IT'S OVER" selloff back down to .0195, then recover fairly quickly to .022, which is the new support that hasn't happened yet, but you'll see tomorrow. Technically, .0217.

Then it sloshes around with two potential shake down points to .0175 that no one would be able to grab unless they already had orders there. If too many orders between .017 and .022 then it won't even bother trying.

Slosh slosh slosh like we saw today, at which point it runs up to .026 again to test the morning high of the day. Will it break it then?

This is where things become more variable. Would all depend how many orders are on level 3 down to .017 that can be scooped up or not. Becomes a coin toss at that point, so not gonna lie -- the variable of end of day Friday becomes something we haven't see yet; which could be exploited either bearishly or bullishly by those who can. But just watch everything I say here that is completely 100% my opinion and who knows what will actually happen.

Then tomorrow I'll quote this and everyone else that sees exactly this can high five. Good times.

These are called Fibonacci lines -- save this and use it if you want to trade this effectively. I have an old draw and a new for intersection and detail in our previous channel, so it's two draws. These lines are what Fibonacci would dictate as future major resistances. Plenty in-between, sure, but these are the big daddies. IMO. And I know plenty of people here are shaking their heads at me posting this because they want fib lines to themselves. But it doesn't matter since market cap dictates MUCH higher anyway, IMO. Also, I love when new people/learners make money too.

God bless you all!




I can only provide my own speculation and theories. I am not qualified to offer any
investment advice. Everything I post is my own opinion. DO YOUR OWN DD!!!!!!!