Consolidation holding at 3800 with a potential triangular breakout to 3900. Daily MACD did not close in divergence.
I still expect a continuation of this condensed push (per 1/04 post) until we reach neckline; this was originally at 4k but we could see closer to 3900 based on resistance.
Another correction would solidify a 3800 neckline but could pose some issues with recovery.
I still expect a continuation of this condensed push (per 1/04 post) until we reach neckline; this was originally at 4k but we could see closer to 3900 based on resistance.
Another correction would solidify a 3800 neckline but could pose some issues with recovery.
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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.