META below its 1W MA100 after 3 years. Massive sell-off ahead.Meta Platforms Inc Class ABATS:METATradingShotMeta Platforms (META) broke and closed below its 1W MA100 (green trend-line) for the first time in almost 3 years (since April 17 2023), giving a massive Bear Signal. In fact, every time the price broke below that level, it technically confirmed an even stronger correction that extended to at least its 1W MA250 (red trend-line). Of those 3 times that the 1W MA100 broke, two were the 2018 and 2022 Bear Cycles and the other the 2020 COVID flash crash. Given that META has been trading within a 14-year Channel Up since its IPO, all three corrections hit at least its middle (0.5 Fibonacci retracement level) with 2018 almost touching it. With the 1M RSI currently hitting the 56.00 level, which is exactly where all previous 1W MA100 bearish break-outs took place, we expect META to start another Bear Cycle, targeting at least $480. That Target fulfills all the 3 basic conditions: hits the 0.5 Channel Up Fib, the 1W MA200 (orange trend-line, lightly above the 1W MA250) and the 0.236 Fibonacci retracement level (blue), which is where the December 2018 bottom was priced. --- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** --- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇