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The Long Investor - $MU part 2
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The Long Investor - $ETH - TOP 10 -
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The price tested the lower level of the wedge and bounced from there to challenge the 50 Day MA at $917 from below.
That level has now rejected the price, which is down to $88 in the PM, right at the lower level of the wedge.
Now we want to see if this level in the red circle can hold as support but if not, the next support is the 0.38 Fib at $800.
Drop below the 0.38 Fib and the next level is the 200 Day MA at $743... support there and this is the next low risk entry level.
The price tested the lower level of the wedge and bounced from there to challenge the 50 Day MA at $917 from below.
That level has now rejected the price, which is down to $88 in the PM, right at the lower level of the wedge.
Now we want to see if this level in the red circle can hold as support but if not, the next support is the 0.38 Fib at $800.
Drop below the 0.38 Fib and the next level is the 200 Day MA at $743... support there and this is the next low risk entry level.
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