Charts| Stocks performance - NVDA Bearish Idea
1. $Microsoft(MSFT)$ - Trend Line Test
MSFT: MSFT - Trend Line Test
MSFT has formed a channel way above a dominant trend line This is coupled with a double top (higher high double top) suggesting after a pull back bulls will return I think there will be downward movement to test this trend line in green again Weekly timeframe
2. $NVIDIA(NVDA)$ - Bearish Idea
NVDA: NVDA - Bearish Idea
A Three downward move situation with the last dip being the largest pushing price down to a lower trend line in red (dotted line) Bars pattern tool in red shows my thoughts of the bearish movement I think price will continue down below the green line that has previously been seen as support Daily chart
3.ETH Dominance Very Dominant Downtrend (RSI)
ETH.D: ETH Dominance Very Dominant Downtrend (RSI)
The RSI on ETH.D shows a large channel with a strong bearish favor Currently RSI is in oversold area I expect on this Weekly chart RSI to reverse and possible one day even get out of this extremely bearish state Weekly
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