A healthy economy - which is not 'the stock market' - needs solid foundation . Some believe that the stock market ' is ' the economy. Some are definitely wrong! Sentiment is what the markets are about - this is not about reality.
The DJI has now been reinflated but with what?
1 - cheap printed money
2 - loads of hope and greed.
3 - implicit guarantees.
. HOLO/ETHEREUM is in a range bound and the resumption of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 46.
. While the RSI downtrend and the price downtrend in the daily chart are not broken, bearish wave in price would continue.
. There is a...
Ascending triangle signalling bullish continuation.
Fundamentals are good, with an alpha testnet launch only days away.
Technicals support a bullish run in the near future.
Stochastic RSI suggests that we may test the lower resistance again before a major run, but this is not guaranteed.
Targets set at 50, 58, and 66 satoshis.