BSV intraday price supporting my trendline from daily chart...?

2019年11月5日

Apparently, I was real lucky in posting the trendline on Oct 27th, when I drew in the trendline you see here, which is slightly downward-sloping where price wicked off from the upside after breaching it. Here's the original chart; be sure and click the arrow on the right side to fill-in current pricing:

I just thought I'd repost to show today's wick and how closely it got before bouncing off that daily chart upper-end trendline. If that line is as accurate as it thus far seems to be, it may be something to consider going forward...if it can handle staying above it or whatever the situation may be. It might invalidate it; who knows? It's worth having a look at though considering today's wick and the respect price had shown it after I first drew it. But take it as you wish -- if you don't like, I'll refund your purchase price. ;)

Am simply hoping it might help someone out there...peace out.

2019年11月5日

註釋

The original issue was the top trendline only had 2 pts of contact. Click on the rt-arrow on the original to get it to fill-in, and it's close. Worth watching and I'll adjust it in a day or two to pinpoint current price-action, once it fills out a bit, but it appears a lot closer than having only 2 spots would otherwise have any validity.

2019年11月5日

註釋

Also is interesting to note that on the candle following the upward "breakout," that's the biggest candle/wick combo to the upside of any of them, as if it was having to put the brakes on the momentum it had to gather to bust through it well and stay (so far) above that descending "upper" trendline.

Will it hold? Is it as valid as it has thus far shown? Time will tell.

2019年11月6日

註釋

Now it appears to be acting like some sort of "magnetic trend line," very much like the Silver market was at $15.00/oz earlier this year. It bears watching, though.