Here the story keeps the same - wedge broken and doesn't show signs of reversing to retest the broken trendline.
We can expect the 26 target to be hit, but after that we will see a down-move - specially seeing Trend Exhaustion Divergences and RSI being overbought.
Long short-term (bearish for stocks and crypto) but Short mid-term.
We can expect the 26 target to be hit, but after that we will see a down-move - specially seeing Trend Exhaustion Divergences and RSI being overbought.
Long short-term (bearish for stocks and crypto) but Short mid-term.
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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.