Following an impressive run to the upside following the March COVID-19 liquidity crisis,
the lovable honeybadger appears eager for more. On the chart today you'll notice a few items:
1: An ascending triangle forming on the daily. Typically, ascending triangles are viewed as a continuation pattern.
2: A steadily rising RSI. RSI between 50-70 is a bullish...
After several failed breakouts, SingularityNET is ready to deliver some nice returns.
50 Day Moving Average crossing both the 100 and 200 Day MA's shows bullish momentum
and typically precedes moves to the upside. Should the 100 cross the 200, this would
be an even larger bullish indicator. Often, however, the 100/200 cross is a lagging indicator.
I prefer an...