Main reasons i'm calling 13k as first target from now:
i) weekly MACD crashed faster than price; now it is 'resetted' and ready to reverse.
ii) weekly RSI at 40 is the border line from the bull and the bear market. History has proven that from here we bounce/reverse.
i) weekly MACD crashed faster than price; now it is 'resetted' and ready to reverse.
ii) weekly RSI at 40 is the border line from the bull and the bear market. History has proven that from here we bounce/reverse.
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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.