simply trendlines,
we are in uptrend now, dotted green line is support,
green line is resistance - my theory if there is bigger uptrend in parallel channel.
also, there might be a struggle at ATH - many people bought near top and hodled it and possibly will be selling at ATH.
let's see it is this time different or again boring stuff?
we are in uptrend now, dotted green line is support,
green line is resistance - my theory if there is bigger uptrend in parallel channel.
also, there might be a struggle at ATH - many people bought near top and hodled it and possibly will be selling at ATH.
let's see it is this time different or again boring stuff?
Note
parabolic move.
Note
update: parabolic move still valid. will inform you when we breakout.Note
parabola looks like slowly brokening
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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.