MAXI Update - Wicked below the lows of the range
In my previous MAXI update I discussed the risk of MAXI dropping below the channel. There was a drop below the channel that turned into a wick back above and strong rebound. I did not expect BTC to rally to all time highs before the halving at the time of the previous post. MAXI's support level held and had a nice rally with BTC. The upper range of this channel is the key price target on the way up. This price target is sloped upwards and increases over time. The current estimated target is around $31.60.
Want more of my content?
Check out my YouTube and Twitter updates across all financial markets
Join my exclusive Discord community for swing trading, options trading, and long-term investing.
There is a free trial period for the group
Links👇
Check out my YouTube and Twitter updates across all financial markets
Join my exclusive Discord community for swing trading, options trading, and long-term investing.
There is a free trial period for the group
Links👇
İlgili yayınlar
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.