TradingMastersX

TradingMastersX

A divergence between price and the RSI. Green line is minimum target. Looking at around 2.50 dollar drop.

TradingMastersX

The target is around 1.35x. Price does not move in a straight line. The puple channel top is very important. Breaking it could lead to higher highs. Trade safely!

TradingMastersX

Watching how this plays out. Potential double top. Target would be 24000

TradingMastersX

Looking for 10400 before a sizeable drop

TradingMastersX

The target is 10400+ or bust.

TradingMastersX Updated 

We just bounced off a long-term support/resistance area. Check this chart out for more details and explanation:

TradingMastersX

We are currently at the mid of the downwards channel. If this does not break upwards, then a drop from here is likely. The next level to watch would be the 200 EMA which is not far above the current price. Volume profiles indicate a lot of transactions between 6900 and 10500. We have a low point in the volume profiles at around 9000+. If price breaks this and...

TradingMastersX

We could see high 20s again if trendline breaks. But a breakout upwards could push us back near 40 and closing the gap recently made through the drop.

TradingMastersX

If this gap from 2018 is still open then it should close soon. TP 44.50s. If that breaks then look for high 42s.