-Bull flag formed
-bounced off yellow yearly vwap (examples circled)
-must cross blue monthly vwap, to confirm Bull
-daily rsi becoming oversold
-bounced off orange 0.25 Fib speed resistance fan line
Bull senario:
If resistance is broken, $90k as target.
Bear senario:
If resistance is rejected, $30-34k range target.
-bounced off yellow yearly vwap (examples circled)
-must cross blue monthly vwap, to confirm Bull
-daily rsi becoming oversold
-bounced off orange 0.25 Fib speed resistance fan line
Bull senario:
If resistance is broken, $90k as target.
Bear senario:
If resistance is rejected, $30-34k range target.
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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.