We have a golden cross on the daily, with a macd turning bullish along with the RSI just barely below 50.
If momentum holds up and this does play out, that puts a target of just below 14k, matching the previous rally high. The Inv H&S is a bit sloppy on the left shoulder but could still play out as a downtrend reversal. I'm a nobody so don't use my advice to trade!
If momentum holds up and this does play out, that puts a target of just below 14k, matching the previous rally high. The Inv H&S is a bit sloppy on the left shoulder but could still play out as a downtrend reversal. I'm a nobody so don't use my advice to trade!
Comment:
A look at it from the weekly point of view
