Lots happening in this chart plus more that cant be shown in just one chart….but here are the facts:
- Daily SMAs overall curving up - Resistance at 42K is obvious - need another couple of tries to break that - Stock RSI curving down - RSI peaked but broken structure, with key SR level at ~50 - Both 21 & 50 daily SMAs due to be around 36K level - Coincides with weekly demand and PA SR flip - Also aligns with 0.5-0.618 fib levels
So…get your buy orders in between $35-36k and hop on for the ride to 54K
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