Studying TOTAL3ES a little further, you can see today's long liquidation flush down has touched near to the Gaussian midline, which can act as strong support in a market that is trending upwards (like ours is.)
It also coincides with the .618 fibonacci retracement. A retracement back over the .702 would be clear indication that the bulls are back in charge and that the continued bullish momentum of the previous months is very likely to take us higher into Q4.
Today's red candle is still in the water, which suggests bullish conditions. Any dip into the sand wants to be unsustained. I can't see it breaking all three of these indicators in a sustained manner without the blow-off top happening. Personally, I'm extremely bullish.
$SOL$ADA$FET$NSDQ100$XRP... Show More
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