Watching this beautiful triangle
Updated
As you can see the action price already break the last big resistance, it struggle since march last year and now it seems to be coming back, in MACD we have a good volume that shows momentum the two lines are crossing, the four MVA lines(5,20,50,200) now are under the price meaning the beginning of a bullish trend (check that since the very first time for the company the price is above the 200 MVA) and if I could guess, I believe it could be around the 50s in the next six months, for now I expect to reach the other previous resistence that was 30 dollars either tomorrow or friday.
This is the first chart I ever publish please share your ideas so I can keep learning, this is not a financial advise always do your own research.
Thanks for reading.
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Ghostrader
This is the first chart I ever publish please share your ideas so I can keep learning, this is not a financial advise always do your own research.
Thanks for reading.
Show some love commenting below and share what other indicators you would use to reinforce a technical analysis like this.
Ghostrader
Comment
Sorry I put short down but is actually short and long up, bullish.Disclaimer
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