Currently looking for the .5 Fib retrace of this entire move up from the bottom of the last bear market.
This coincides with this monthly trend line.
Target is $1800 with possible capitualtion wick to lower 1k levels at the .618 golden zone.
Looking for a monthly candle body close on this line.
Bearish signs:
Monthly macd cross
Rsi not oversold on the monthly yet
This coincides with this monthly trend line.
Target is $1800 with possible capitualtion wick to lower 1k levels at the .618 golden zone.
Looking for a monthly candle body close on this line.
Bearish signs:
Monthly macd cross
Rsi not oversold on the monthly yet