Trend lines derived from monthly close candles

Trend lines derived from monthly close candles

On this analysis the ATH was closer to 15000, the current channel lies between the thick red and blue lines – the buy point is in the olive circle or if price breaks above the thick red decendin trendline , stays there convincinlt and moves and holds above 15000.

My feeling is we will see price down to the 4500 – 6000 level – If this happens I’m ‘all in’!

Published at Sun, 03 Nov 2019 18:59:39 +0000

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