Hi Fellows! We hope you are holding tight as we have a rollercoster here. Bears are still strong so we have to wait. Time will tell.
Indicators for SHORT :
SMA9 crosses SMA 50 and goes down
The price is below SMA9 and SMA 50 which is signal to sell
We are far from the resistance zone at around 10500
Fib levels to bounce from is around 6630 so still plenty of room to go down.
DMI
MACD
Indicators for LONG :
We've already touched support line at around 8600
Bullish butterfly pattern
We are really low at fib levels
Stoch RSI really low but blue line doesn`t go up yet
Price is low, whales are buying cheap
So we have 2 scenarios. Withing a days we know whether we have trend reversal or not. Fingers crossed to go up. Please observe, look at the market and indicators. ACT! :)
STAY POSITIVE. It is self-fullfiling prophecy. ****************************************************************************************************************************************************************************************** CURIO: Scan blood vessels to pay in a restaurant in Sweden, and more than a dozen points around the Swedish Lund University, it is possible to pay for a coffeeor lunch by putting your hand on a special reader that scans the blood vessel system. This is the first case of using this technology in stores!
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