-price reached this week important resistance and long term down trend line
-RSI is near heavy over bought and started already to change direction
-expect correction movement to at least 871 $
-50 day moving and 100 day moving average crossed 200 day moving average which is bullish indicator
I expect breakout above long term down trend line after testing 871 $ support
Good luck to all and have a good start into the new week
-RSI is near heavy over bought and started already to change direction
-expect correction movement to at least 871 $
-50 day moving and 100 day moving average crossed 200 day moving average which is bullish indicator
I expect breakout above long term down trend line after testing 871 $ support
Good luck to all and have a good start into the new week
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market opened above trend line which implements further up movement
The analyses provided are for informational purposes only and do not constitute financial advice or recommendations to buy or sell anything. The information presented is based on personal research and interpretation.
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