MicroStrategy testing Fibonacci

2 feb 2022

We can see a high correlation between the company and BTC since the pandemic.
Looking at the monthly chart, the fact is that the price is now in an important Fibonacci region at 50%.

On the 1-hour chart, on the ADX indicator, we can see a decrease in the selling force (red arrows), and an increase in the buying force (green arrows),
forming a kind of symmetrical triangle, signaling a temporary indefiniteness.



I'm waiting in the cabin to see what happens.