10k by august
Updated
10k by july:
Green bar shows strongest long term support, I don't think we will break below it but I could be wrong. Strongest resistance shown in red, over the last 4 months they have been hardest to break. The white lines indicate in theory how early/late we could breakout to still reach 10k based on the move from long term support to 10k in early-mid April. It is very important that we break out of the descending trend from recent highs of 10k at the start of May shown in yellow.
Green bar shows strongest long term support, I don't think we will break below it but I could be wrong. Strongest resistance shown in red, over the last 4 months they have been hardest to break. The white lines indicate in theory how early/late we could breakout to still reach 10k based on the move from long term support to 10k in early-mid April. It is very important that we break out of the descending trend from recent highs of 10k at the start of May shown in yellow.
Note
To change: 1. Error in description box, first line reads "10k by july" when title is "10k by august"
2. White lines are too bold and should be in a different colour such as blue
3. Resistance lines shown in a bold bright red line when they should be a fainter red box and should span from current to august
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.