You have been warned. I will post my next update when I get a concrete confrimation of a trend.
Kommentar
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Oh ya... forgot to mention, the CCIOBV is bearish and predicting the price of $140. This indicates a possible W double bottom pattern which is generally bullish in short-term. I will update the chart when necessary.
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There should be a green line at 110 level, that would be our second last defense and potential loto rebound point.
Check it out. What do you think? UO is going up but we get effect of lower highs on 1h chart. This means seller momentum increases. I could be completely off base here, but $#@ might hit the fan soon if nothing changes:
UnknownUnicorn1020621
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@afterforever, It's a bullish divergence, the price should go up.
UnknownUnicorn1020621
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@Avasreader,
UnknownUnicorn1020621
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@Avasreader, I suggest waiting for a break above or break below.
afterforever
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@Avasreader, Right.What I am saying is that it's reaching 70 way too quickly. And then there's going to be massive turn around.
UnknownUnicorn1020621
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@afterforever, Could be, we will just have to see how this plays out. I wouldn't touch it right now though.
thank you :)