Its probably going to $10,000 now that i think about it because Crypto tends to overshoot
Note
People have asked "why the generic overbought level?" but its not generic at all. It based on the blue rectangle and the idea is that the longer something stays in consolidation the bigger the breakout will be. So i stacked i few similar sized rectangles on top on of each other to get a zone of overbought. But this is crypto so it might shoot way higher than that! Time will tell
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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.