Bullish clues:
- General uptrend since June 2020, with a strong rise since November 2020
- Volumes have been decreasing since May 6, 2021 (correction phase)
- The price has reached the lower band of the Bollinger Bands
- Price rebounded on the exponential moving average 50, acting as a support
- Hidden bullish divergence on the Relative Strength Index (RSI) for over a month
Target:
The target is the former high at 155.40 USD, also corresponding to the bullish oblique resistance, initiated in November 2020
Feel free to share, comment and give your opinion if it is constructive ;)
DISCLAIMER: This is not an investment advice
- General uptrend since June 2020, with a strong rise since November 2020
- Volumes have been decreasing since May 6, 2021 (correction phase)
- The price has reached the lower band of the Bollinger Bands
- Price rebounded on the exponential moving average 50, acting as a support
- Hidden bullish divergence on the Relative Strength Index (RSI) for over a month
Target:
The target is the former high at 155.40 USD, also corresponding to the bullish oblique resistance, initiated in November 2020
Feel free to share, comment and give your opinion if it is constructive ;)
DISCLAIMER: This is not an investment advice
Trade chiuso: obiettivo raggiunto:
Target at 155.40 USD reached. There is still bullish potential.