$IBIT March 21, 2024 Long
iShares Bitcoin TrustNASDAQ
Description
⋅ NASDAQ:IBIT March 21, 2024
15 Minutes.
For the rise from 28 to 41.99 levels NASDAQ:IBIT retraced 50%.
The LL at 35.41 made on Wednesday had oscillator divergence.
We have 39.4 levels as 200 averages. That should provide resistance for the current move.
That level is also 61.8 % retracement for the fall from 41.99 to 35.41.
For the day the rise from 35.41 to 37.69, 36-365 levels must hold for the uptrend target 39 - 39.5 levels.