In short:
- We're trading inside an Ascending Channel.
- Breaking down from it might send us towards the purple box.
- Bottom of the purple box is the MA100 and it has held since October of 2020.
- Keep an eye out for the hidden divergence on the MACD.
- We're trading inside an Ascending Channel.
- Breaking down from it might send us towards the purple box.
- Bottom of the purple box is the MA100 and it has held since October of 2020.
- Keep an eye out for the hidden divergence on the MACD.
Comment:
We broke below the Channel. Strap in for 49K.
Comment:
As expected :^)