1) Retraced 89% to a major trendline.
2) Hidden bullish divergence on RSI (also stoch completely oversold) .
3) Currently is trading in a huge falling wedge.
Minimum target is 11$, max-60$.
2) Hidden bullish divergence on RSI (also stoch completely oversold) .
3) Currently is trading in a huge falling wedge.
Minimum target is 11$, max-60$.
Trade active:
Breakout against USD and BTC.
Comment:
Looks like a fakeout so far, though it can fill the wick in coming days.
Comment:
Gas is heating up; let's see if it will manage to hold the price.
Comment:
This pattern could potentially take it to the ATH.
Comment:
It's on. Any impending consolidations need to be closely monitored.
Comment:
First target reached
Trade closed: target reached:
A dip back to the 2200 level seems likely at the moment, so I'm closing this one for now.
Comment:
So hot and dangerous