There was a clear Eliott Wave abc correction between 2020 and 2022 that found a very strong support around $28 level and MA200 Monthly which acted as a support since 1980s.
Price consolidated for a year around $30 level and just broke out and gained momentum pushing through resistance like through a butter.
The momentum and trend are clearly established and won't stop until new ATH around $80-$85 levels is reached.
What will happen once ATH is reached? No idea, but so far it's a strong buy.
Price consolidated for a year around $30 level and just broke out and gained momentum pushing through resistance like through a butter.
The momentum and trend are clearly established and won't stop until new ATH around $80-$85 levels is reached.
What will happen once ATH is reached? No idea, but so far it's a strong buy.
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.