Technical Analysis: -Bouncing off bottom of Bullish ABCD Pattern -Breaking above top trendline of downward trending megaphone pattern -MACD & RSI curling up out of oversold territory. -bouncing off Demand Zone created May 2021 Fundamentals: -Tech goes up when interest rates aren't going to rise as much as thought PE: 20.99 -New Watch to pull from Apples market...
-Possible Inverse Head & Shoulders on the Daily chart. -One big wick during the first big drop is out of the context making this possibly invalid.
Ethereum prediction: -in a downtrend created a pennant(inherently bearish) -will bounce once it hits $1,728 creating a double bottom -head higher from there. $10k by end of year?
We've seen an ABCD pattern fulfill.
$BTC #BTC -Trading within a channel. -Just bounced off the bottom with a bullish bottom wick daily candle -Confirmation of ABCD pattern. R: $56,704 $60,117 After move higher consolidation to S: $6,219.32