Daily W for Bittorent and MACD on the Weekly is about to turn bullish. Weekly Stoch RSI also starting to move from the bottom. Voxtex Indicator is green on the daily chart. Might breakout from that massive falling wedge before christmas. Easy target for Wave 3 are usually between 161.8% and 361.8%. This wave 2 retracement has been pretty strong which mean we should not expect a huge retracement on cycle Wave 4. Daily VWMA is positive and now support on Daily and Weekly. MA 300 is also support on the 4 hours chart. On the 4 hours all major EMA and MA are support.
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.