Crypto Market Cap, BTC/USD, ETH/USD, USDT/USD, XRP/USD, Bitcoin
Apple, Advanced Micro Devices Inc, Amazon Com Inc, TESLA INC, NETFLIX INC, Facebook Inc
S&P 500, Nasdaq 100, Dow 30, Russell 2000, U.S. Dollar Index, Bitcoin Index
US 10Y, Euro Bund, Germany 10Y, Japan 10Y Yield, UK 10Y, India 10Y
As the title suggests. Plenty of headroom here with decent volumes behind it.
I might be stretching here to see a H&S from the slightly erratic chart, but lets see how it goes. Once it closes the gap it has free license to fall, giving a great short opportunity of several dollars per share.
I'm going to cop some flak for this I think, since it's a hotcopper hype train stock. Still, if this H&S formation repeats similarly to the previous one, $20 is a possible target level. The logic being last time, it fell about 1/3 below the neckline (compared to the distance from neckline to peak). So the same 1/3 will be $2 below the neckline. I don't have money...
I think we're now waiting for direction and volume.
Looks good to enter somewhere around here for 30-40c gain minimum.