Hi guys!
Let's get straight to the point.
Daily chart: Facts: Bearish Divergence on the daily RSI, Decreasing Volume, Forming Rising Wedge = We really are on the edge right now. A correction could happen anytime soon.
Weekly chart: Facts: Parabolic rising without any major correction, Stochastic RSI is at around it's maximum value since the beginning of March, Hammer candle = CORRECTION.
NOTE: I do see the forming bullish flag on the daily chart, and I also see that we tested a previous resistance as a new support. It could indicate that we might see a FAKE OUT upwards, than an immediate pullback.
TARGETS:
FAKEOUT: 9k
CORRECTION: 6.4k VPVR RESISTANCE (as you can see it is between two key fibbonaci levels too)
***It is not a financial advice, it is only my opinion***
If you have any question, leave a comment! If you liked the analysis please leave a like, thanks!
Let's get straight to the point.
Daily chart: Facts: Bearish Divergence on the daily RSI, Decreasing Volume, Forming Rising Wedge = We really are on the edge right now. A correction could happen anytime soon.
Weekly chart: Facts: Parabolic rising without any major correction, Stochastic RSI is at around it's maximum value since the beginning of March, Hammer candle = CORRECTION.
NOTE: I do see the forming bullish flag on the daily chart, and I also see that we tested a previous resistance as a new support. It could indicate that we might see a FAKE OUT upwards, than an immediate pullback.
TARGETS:
FAKEOUT: 9k
CORRECTION: 6.4k VPVR RESISTANCE (as you can see it is between two key fibbonaci levels too)
***It is not a financial advice, it is only my opinion***
If you have any question, leave a comment! If you liked the analysis please leave a like, thanks!
Not
Looks like my FAKEOUT 9k target is playing out.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.