Looks like the early beginnings of an inverse H&S on the MSTR chart.
Neckline around $1340. Will be watching for the breakout to confirm this pattern.
Early targets:
- $1480
- $1670
RSI trending up. Looks even better on the daily chart.
With BTC prices gaining strength and excitement building from Roaring Kitty's return on X, I'm hopeful for this to play out.
Neckline around $1340. Will be watching for the breakout to confirm this pattern.
Early targets:
- $1480
- $1670
RSI trending up. Looks even better on the daily chart.
With BTC prices gaining strength and excitement building from Roaring Kitty's return on X, I'm hopeful for this to play out.
Note
We have a breakout, but will we close out the day above the neckline?Note
Breakout confirmed. First target achieved. Eyes on $1,680 nextNote
Target 2 achieved. All eyes on the weekly chart now and whether we can close above the current high of $1780
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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.