BTDR Volatile, but uptrend intact

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BTDR had a huge bearish engulfing candle Friday. I keep my positions smaller on these assets.

Price is still in a wave 3 breakout towards the $25 High Volume Node target. It appears wave (1) of 3 is complete with a wave (2) target of the daily pivot and 0.5 Fibonacci or golden pocket zone nearby. That would also test the untested wave 1 high as support a highly likely event.

RSI has reset to the EQ where it often finds support in a strong uptrend.

Safe trading

Penafian

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