lexlewthor

lexlewthor Updated 

This analysis uses a newly modified version of my primary chart, and is meant to update the targets from the previous idea. The main differences on the chart are the traditional yearly pivots, in addition to the fibs, which have been switched to a log scale. Also, a zoomed out perspective is necessary now that we are in price discovery, with new ATHs being...

lexlewthor Updated 

Although new ATH, volume isn't doing anything too exciting yet. Current outlook is retrace and then continue trend.

lexlewthor Updated 

Strong resistance at $2,200 (fib extension) . Higher highs, with compressing VWMA creates a bearish divergence which could begin a retrace before going higher. Otherwise, break of 2200 level should see 2500 and beyond.