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$RIVN - Important Development on the Weekly - Reclaim of 0.236 log Fibonacci level - Reclaim of Bull Market Support Band Since it's slight, a second consecutive weekly close above is needed for confirmation! Closely monitoring this next week.
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Next week is going to be important for #Ethereum 👇
ETH-2,52%
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Doto:
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$TSLA weekly 0.886 log Fibonacci held, although many didn't believe it would. Formed a bullish engulfing candle, which means a 63% chance of a bullish reversal, according to Thomas Bulkowski. Lows are likely in for a longer period if the Bull Market Support Band is
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$IWM weekly The chart was bullish before, but this successful retest of prior ATHs now makes it even more bullish Doesn't get much cleaner than that
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I don't know who needs to hear this, but an index or stock making all-time highs generally is not bearish and often leads to further all-time highs.
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$SPY weekly Closed the week right at 1.618 log Fibonacci resistance, and thus could take a breather after a very strong 3-week rally now. Weekly Tenkan + Kijun (blue + red) have fused, forming a Katana, a bullish signal.
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Great to see such a fractal going viral. I will be much more worried if such doom calls don't go viral anymore.
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Weekly chart updates coming out later today!
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$SPY hit $711 resistance
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In case you were wondering why the market is up today ⬇️
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All 1.5 million people unfollow him? At least that’s what would be appropriate
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Fading the masses turned out to be very profitable again!
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Fun is fun, but objectivity is key
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I don't want to hamper the fun, but $SPY is approaching the 1.618 log Fibonacci level at $711, which could act as resistance
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$BTC seeing follow-through now after breaking 100-day SMA resistance yesterday 👍
BTC-1,4%
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