In addition to that perfectly formed cup-and-handle, we've got the Stochastic just begging to explode and the MACD ready to reset. We're still in a "buy" zone according to my settings, but I wouldn't wait much longer if you're looking to secure position at a good entry. ARN is ready to rock and I'm strapped in tight -- will determine targets once we blow passed the resistance levels previously mentioned (@ approx 29000 and 37000sats).
Comment
Well obviously it wasn't our time yet. I suppose I should've been more realistic considering the squeeze formed in an isosceles triangle, but it just means we'll bounce back harder. Chart still looks great with a proper handle on the cup rather than a bull flag. Holding for targets.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.