OK, this may be a bit of a stretch but to me it looks like an ascending triangle on the daily chart. The top has been touched twice and the bottom 3 times, making this pattern valid.
Expectation would be to at least retest the top of the triangle at $10500, if a break upward were to occur it would put the target in the
12K range.
I am long on this pattern now, stop loss to be set $150 below the lower triangle border and adjusted over time.
any drop and close below the lower boundary of the triangle would be either a breakdown or invalidation of the pattern, and I would short at this point with a target of $8000.
Good luck.
Expectation would be to at least retest the top of the triangle at $10500, if a break upward were to occur it would put the target in the
I am long on this pattern now, stop loss to be set $150 below the lower triangle border and adjusted over time.
any drop and close below the lower boundary of the triangle would be either a breakdown or invalidation of the pattern, and I would short at this point with a target of $8000.
Good luck.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.