The 50MA in blue shows one successful bounce this run and one that is about to prevail
from the current point at the 50MA I see price moving up a comparable amount to the previous bull run (2k%)
This also puts price within a broadening structure that I have plotted in green.
Bullish target about ~7
from the current point at the 50MA I see price moving up a comparable amount to the previous bull run (2k%)
This also puts price within a broadening structure that I have plotted in green.
Bullish target about ~7
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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.