I believe we might form an inverted head and shoulders, I've tried to draw it here on the daily. (It's rough) but hopefully you get the idea...
In a nutshell, we'll have a small correction (hopefully) holding support at around the level of the left shoulder. "58k ish" give or take... Then continue up after a couple bounces off support. The small correction should take place in the next couple of days. If we break below support, it's a free fall "doom and gloom" way down into no man's land.
I'm still bullish personally, I think with inflation and everything retail investment is only going to rise ultimately. Best of luck fellow traders. 💯
In a nutshell, we'll have a small correction (hopefully) holding support at around the level of the left shoulder. "58k ish" give or take... Then continue up after a couple bounces off support. The small correction should take place in the next couple of days. If we break below support, it's a free fall "doom and gloom" way down into no man's land.
I'm still bullish personally, I think with inflation and everything retail investment is only going to rise ultimately. Best of luck fellow traders. 💯
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