Looking like a distribution top with H&S forming, 3 bullish drives with long wicks, daily looks terrible with two massive SFP's.
I'll be looking for shorts once it's below the yellow 4HR order block.
I was tempted to go long but the volume here tells me that isn't wise, not too mention the 2300% rise.
First target is at around $52, target two at the $43ish dollar area.
$43 area would be a nice place to get long again.
Happy trading.
I'll be looking for shorts once it's below the yellow 4HR order block.
I was tempted to go long but the volume here tells me that isn't wise, not too mention the 2300% rise.
First target is at around $52, target two at the $43ish dollar area.
$43 area would be a nice place to get long again.
Happy trading.
Disclaimer
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.
Disclaimer
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.