Hi dear treaders, We saw a great rally like BTC. And now we are ready for a proper climb if the resistance are broken correctly as you can see in the chart above.
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as we look at US30 it is in an bullish pennant pattern, that means it is going up.
We a few confirmations as we look here, price is in an uptrend for a few weeks now and is still going upwards. The RSI gave me an confirmation to.
The red and green lines give me an buy and sell line so that's where I put my order.
US30 appears to be setting lower highs and may have formed a head and shoulders pattern signaling another bearish move. lets see if we can test Jan 06th low. Next Major area of support. Price is also considered over bought according to the daily stochastic
risk to reward 2.5:1