3rd Test/Breach of the trend line..next target is the MEAN Trendline !
Note
Expecting a gradual increase along with 100 MA and 200 MA cross and a touch to 200 MA around 1 st of may where it would be at 10K $..The bounce today came with massive volume across all the exchanges indicating a volatilic rise caused by new instituition/fund entry..these mini bubbles usually happens in the accumulation phases..
Note
Volume is back ! short term targets: 1st target = 50MA = bear trand line @ 8600 $
2nd target = 200 MA @9800-10000 $
a possible final bull trap before dip/accumulation phase
(PLEASE NOTE THAT THIS IS NOT A TRADING ADVICE
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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.