DKNG is level with it's ATH with a divergence emerging.
The exact situation happened at the previous ATH which i've circled.
Confirmation and fundamental analysis is still needed however this could descend down to support.
It is maintaining support very well and should bounce off.
The stop loss is tight, if it breaks support it will most likely fall fast so you would want to cut the trade quickly.
The take profit is at the recent high for a quick profit.
A divergence has appeared on the RSI as further confirmation.
GBP/USD is in a consolidating channel respecting support and resistance lines.
It is also in a consistent upward trend.
Expect a few more bounces before breaking resistance and heading to the 1 day chart resistance zone.
As always make sure to confirm the upward breakout before entering.
Cardano is approaching the end of the wedge.
Im personally very bullish on Cardano and expect it to continue it's climb.
However I suggest waiting for confirmation on the direction.
If it breaks resistance I wouldn't be surprised if it reached $1 by the end of the week.
