We have hit recent lows of $423. We are approaching support areas of a 115-day rising channel since the big run-up from $300 to $400.
We were at ATH at $500 less than 20 days ago. (-15% Drop)
RSI has recently shown a bullish divergence
This divergence is similar to our previous run from $403 to the current ATH.
We were at ATH at $500 less than 20 days ago. (-15% Drop)
RSI has recently shown a bullish divergence
This divergence is similar to our previous run from $403 to the current ATH.
Comment:
Under $430 rejects theory
Comment:
Lets see if it can hold $420
Trade closed: target reached:
Next Target $400s
Comment:
$460 is a crucial area of resistance.
PT #2: $465
PT #3: $480
PT #4: $490
PT #5: $500-$510+