TheCryptagon

NASDAQ Targeting the ATH minimum

Long
CAPITALCOM:US100   US 100
Nasdaq established its price action over the 4hour MA50 again.

A Channel Up is emerging, and could be a very aggressive one as the 4hour RSI is already overbought.

You can buy now and target at least the 16785 ATH.

If the price breaks over it and after re-testing it holds, re buy and target 17850 (+13.65% rise like the first leg of the Channel).

Previous chart:


Follow us, like the idea and leave a comment below!!

TheCryptagon offers news & insights on global markets (crypto, forex, stocks, commodities). Follow so you don't miss anything!

🤑Message us for private forex & crypto signals in our VIP channel (70% accuracy)!💰

TELEGRAM: t.me/thecryptagon
Disclaimer

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.