MFI- Overbought.
RSI- Overbought. Last 2 times it closed at around 70 we saw a red day. Just above 70 has also proven to be a battle ground, Feb 15- Mar 1 we topped just over 70 led us to Mar 4- Mar 7 days of red.
MACD is a jokeeee lol bulls appear to be getting gassed out.
Lower red dashed line is the top of possible left shoulder, upper red line would be the head. Either we're in a channel and it's going to keep going up until 300 or more, breaking H&S pattern.... ORRR we're in a wedge with maybe a few days left before either moon or catastrophe.
We're also upper range of the BB. Without a few down days to give up some room or a wild fat tail, we're gonna keep seeing these ridiculous days of up $1 or less (usually less).
Bulls make money, bears make money, pigs get slaughtered.
RSI- Overbought. Last 2 times it closed at around 70 we saw a red day. Just above 70 has also proven to be a battle ground, Feb 15- Mar 1 we topped just over 70 led us to Mar 4- Mar 7 days of red.
MACD is a jokeeee lol bulls appear to be getting gassed out.
Lower red dashed line is the top of possible left shoulder, upper red line would be the head. Either we're in a channel and it's going to keep going up until 300 or more, breaking H&S pattern.... ORRR we're in a wedge with maybe a few days left before either moon or catastrophe.
We're also upper range of the BB. Without a few down days to give up some room or a wild fat tail, we're gonna keep seeing these ridiculous days of up $1 or less (usually less).
Bulls make money, bears make money, pigs get slaughtered.
Comment:
If we close under we can expect to fill some of these gaps. Lots of resistance on the way down, but $280.80 could potentially. Personally will be looking for targets around $282 though. Lesser chance of resistance at the 50 EMA. Will definitely be playing by ear though with BB being extended to $277, which leaves some wiggle room to POTENTIALLY hit the $274 gap. This market is a MESS so this could EASILY be a fake out.