Fast and simple analysis:
We are in a big symmetrical triangle, a breakout is expected.
If we don't break the trend line at $212, we can/will fall back all the way to $185 and make the symmetrical triangle more valid.
breaking the trend line will/can lead us to a test of the ATH and even beyond that.
All the targets for each side are really precise (only the line price of the red/green square is important)
Probability for a dip is higher, I would therefore short and put stopp loss a little above the trend line. If it breaks to the upside just go long.
We are in a big symmetrical triangle, a breakout is expected.
If we don't break the trend line at $212, we can/will fall back all the way to $185 and make the symmetrical triangle more valid.
breaking the trend line will/can lead us to a test of the ATH and even beyond that.
All the targets for each side are really precise (only the line price of the red/green square is important)
Probability for a dip is higher, I would therefore short and put stopp loss a little above the trend line. If it breaks to the upside just go long.
Nota
The pump to 217 was a bulltrap. Targets for the dump are all known.
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.