- The rising wedge,
- A one year long uptrend,
- The daily RSI and the price chart divergence,
- ALTs may surge and drop sharply though,
- First, 30-31 K and then 44 K would be the last target,
- Eventually, 15 - 20 K can be a monthly double bottom following which actual bullrun is going to start.
- Half the cash can be in now, half would be waiting for another monthly bottom. Keep in mind that this market is tricky and one MUST not bet on the whole farm.
Regards,
Morteza Emzajerdi
- A one year long uptrend,
- The daily RSI and the price chart divergence,
- ALTs may surge and drop sharply though,
- First, 30-31 K and then 44 K would be the last target,
- Eventually, 15 - 20 K can be a monthly double bottom following which actual bullrun is going to start.
- Half the cash can be in now, half would be waiting for another monthly bottom. Keep in mind that this market is tricky and one MUST not bet on the whole farm.
Regards,
Morteza Emzajerdi
Trade closed: stop reached