G
Price has fallen out of an ascending wedge & Fib resistance fans.
Already perfectly retested both the wedge and the fib fan.
9EMA < 20EMA, & soon the 20EMA < 50EMA.
I'll add a short to a potential/likely bounce in the upcoming week, as the RSI is already almost oversold.
Downside target is the 50% -61.8% retrace of the post-covid crash run.
Target = $32.5 - $37
Price has fallen out of an ascending wedge & Fib resistance fans.
Already perfectly retested both the wedge and the fib fan.
9EMA < 20EMA, & soon the 20EMA < 50EMA.
I'll add a short to a potential/likely bounce in the upcoming week, as the RSI is already almost oversold.
Downside target is the 50% -61.8% retrace of the post-covid crash run.
Target = $32.5 - $37