TGOD - Bearish Channel
Dear Traders,
As we've seen before, my Support line didn't hold and TGOD's price broke underneath it creating a newer low.
Even with the great news, TGOD received the 16th of October, the bears are still in control, But for how long?
The bulls have to pierce upwards from this channel in order to show that they are back in business. Until then, TGOD's price will continue to drop.
If the bulls succeed in breaking upwards, or next resistance points are:
5.83C$ (55 ema, and also our 0.5 fib level)
6.17C$ (100 ema)
6.96C$ which is the 200 ema.
Let's see how the bulls will do this week.
Any thoughts?
Feel free to join my new Discord Channel if you interested in talking to me and others about stocks, info and of course opportunities!
discord.gg/uGsZMS
As we've seen before, my Support line didn't hold and TGOD's price broke underneath it creating a newer low.
Even with the great news, TGOD received the 16th of October, the bears are still in control, But for how long?
The bulls have to pierce upwards from this channel in order to show that they are back in business. Until then, TGOD's price will continue to drop.
If the bulls succeed in breaking upwards, or next resistance points are:
5.83C$ (55 ema, and also our 0.5 fib level)
6.17C$ (100 ema)
6.96C$ which is the 200 ema.
Let's see how the bulls will do this week.
Any thoughts?
Feel free to join my new Discord Channel if you interested in talking to me and others about stocks, info and of course opportunities!
discord.gg/uGsZMS
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