potential trend reversal IONQ

14 Şub 2024

an inverted Head and Shoulder (line black) could be potentially under development if price action reverse decline fastly and confirm with volumes pick up in the possible right shoulder. Direction: 12 dollar neckline zone then probable break out.

I drowed also another short term development (line red) alternative to inverted HS with prices decling further and reaching strong demand area in green zone 9-10 dollar

for now RSI is still above its mean so still bullish but it needs a good price action in the very near term to stay long ..

5 Mar 2024

Not

if 9.5- 10 $ did not hold then 7,5 could be well next target in the short term.