Looking at the daily chart, we may have reached a Triple Top, with a BAT formation.
Potential Breakout zone, but considering the Network Upgrade, the economy slowing down and the sudden increase of the market, we could see a correction towards the MA50 zone.
Also, death cross on the Weekly Chart not to be taken lightly.
Potential Breakout zone, but considering the Network Upgrade, the economy slowing down and the sudden increase of the market, we could see a correction towards the MA50 zone.
Also, death cross on the Weekly Chart not to be taken lightly.
Trade active:
1st target reached. Potential reversal. However, 2nd target should be around 1695 (MA200 on the 12h Chart)
Trade active:
2nd target reached, expect a pullback towards 1800 - 1820, with a continuation of the downtrend in the next weeks to MA200, 12h Chart.