Originally posted by hussman
2019 Charting Thread.
RULES: Charts and Chart discussion only!
Seeing how things are shaping up for what appears could be a big 2019, I thought it only fair to create a chart thread so people can post their thoughts.
My initial thoughts are as follows. Great Volume the past two days. However a simple Fib tool will pick up that major Fib supports are at 1.5c (38%) and 1.3c (61%). Seeing how 1.5c appears to have 'broken'. I would expect it too test the 1.3c. 1.3c is also a major area of support. As we were holding that before heading under 1c.
Happy to hear any one elses thoughts.
Power close to the week, expecting this to hit short term target @ 2.4, then onwards to hit recent highs once more. Any decent news sends this into orbit very quickly.
Daily
Weekly. Next week is shaping up to be a pearler.