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Technical analysis by andre_007 about Symbol MSTRX on 2/2/2022

https://sahmeto.com/message/3721798
andre_007
andre_007
Rank: 6048
1.6

MicroStrategy testing Fibonacci

Neutral
Price at Publish Time:
$361.14
،Technical،andre_007

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.

Source Message: TradingView
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