Earnings on the horizon, there's a lack of confidence here..
Don't forget the meteoric rise during Q4 of 2020 (165% Gain Alone).
We can see we are still in an uptrend.
We can see rejection off 20 Day EMA.
We can see neutral RSI, and potentially bullish Stochastic RSI.
Bitcoin is also doing well this week, and will have a strong April, as we are entering a new quarter and the end of quarter rebalancing for funds will ease.
The only risk on the charts is a potential Inverted Adam & Eve formation (double top), although, I'm not certain it's valid given the 22% difference from the initial peak.
Don't forget the meteoric rise during Q4 of 2020 (165% Gain Alone).
We can see we are still in an uptrend.
We can see rejection off 20 Day EMA.
We can see neutral RSI, and potentially bullish Stochastic RSI.
Bitcoin is also doing well this week, and will have a strong April, as we are entering a new quarter and the end of quarter rebalancing for funds will ease.
The only risk on the charts is a potential Inverted Adam & Eve formation (double top), although, I'm not certain it's valid given the 22% difference from the initial peak.
Comment:
Earnings came back positive, as expected :)
*Not Financial Advice*
*Only Risk What You Can Afford To Lose*
*Just Ideas, Not Investment Advice*
*Trade At Your Own Risk*
*Only Risk What You Can Afford To Lose*
*Just Ideas, Not Investment Advice*
*Trade At Your Own Risk*
