Descending triangle/bullflag
This could be a descending triangle and we break down. But we have seen some hard buy backs and for now they didn’t broke te descending line..
I had lines of upcoming support but those broken down 2 times..
So for me this is more bearish then bullish until pink line gets broken!
Also we can’t break the descending line on the RSI.
Targets for short range 8800-8500
Targets for long previous top at 10400..
If we can break that and consolidate on top of that.. that would give me a big bull signal!
For now bear trend still intact.
I had lines of upcoming support but those broken down 2 times..
So for me this is more bearish then bullish until pink line gets broken!
Also we can’t break the descending line on the RSI.
Targets for short range 8800-8500
Targets for long previous top at 10400..
If we can break that and consolidate on top of that.. that would give me a big bull signal!
For now bear trend still intact.
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