Lots happening in this chart plus more that cant be shown in just one chart….but here are the facts:
- Daily SMAs overall curving up
- Resistance at
42K is obvious - need another couple of tries to break that
- Stock RSI curving down
- RSI peaked but broken structure, with key SR level at ~50
- Both 21 & 50 daily SMAs due to be around
36K level
- Coincides with weekly demand and PA SR flip
- Also aligns with 0.5-0.618 fib levels
So…get your buy orders in between $35-36k and hop on for the ride to
54K
- Daily SMAs overall curving up
- Resistance at
42K is obvious - need another couple of tries to break that- Stock RSI curving down
- RSI peaked but broken structure, with key SR level at ~50
- Both 21 & 50 daily SMAs due to be around
36K level- Coincides with weekly demand and PA SR flip
- Also aligns with 0.5-0.618 fib levels
So…get your buy orders in between $35-36k and hop on for the ride to
54K
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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.