Set up is pulling back to a rising daily 21ema, when green takes out red, buy limit. That would be 39,044.
The weekly 21ema is pointing straight up, indicating higher prices projected.
So far this week has been a slow and steady pullback, a resting bar.
Short term target is 40,000 minimum
Long term target is 115,000 in 2035
Demographics tells me that Millennials will become the biggest generation and they will be hitting the years 35-50 range ( Prime Earning and Saving/Investing Years)
This will drive up the bull run.
The weekly 21ema is pointing straight up, indicating higher prices projected.
So far this week has been a slow and steady pullback, a resting bar.
Short term target is 40,000 minimum
Long term target is 115,000 in 2035
Demographics tells me that Millennials will become the biggest generation and they will be hitting the years 35-50 range ( Prime Earning and Saving/Investing Years)
This will drive up the bull run.
Nota
When ever the 21ema is pointing straight up like this, on the weekly, this means extreme strength and higher prices in the future. Any and all red bars are to be ignored as they are fake.An example on the 15 minute chart, when the 21ema is that strong. All red bars are to be ignored
Nota
One of the biggest clues that it will continue higher is that it has not hit its first full range expansion of the pullback's high/low at 40,000This is a giant red flag that the market is not done with its objective.
Nota
The ultimate goal is the measured move of the bull flag at 67,000 and that will be the 3.5X range expansion of the high low of that flag from 2022 high to October low
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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.