Long-term Trend
Updated
Price is moving towards the apex of the triangle.
We've hit resistance but we have a bullish divergence on the Stochastic Oscillator.
I believe we have the momentum to break this resistance and start our bull rally.
60MA will act as initial resistance.
My initial target is $7600 but I don't believe it will stop there.
Breakout is imminent!
We've hit resistance but we have a bullish divergence on the Stochastic Oscillator.
I believe we have the momentum to break this resistance and start our bull rally.
60MA will act as initial resistance.
My initial target is $7600 but I don't believe it will stop there.
Breakout is imminent!
Trade closed: target reached
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