IMMEDIATE TARGET $8400 FROM FLAG FORMATION.
After that, a retest of the the declining trendline at $7600.
The Cup and Handle at the BOTTOM signifies an END OF THE BEARMARKET AND A BREAKOUT OF THE DECLINING TRENDLINE
After that, a retest of the the declining trendline at $7600.
The Cup and Handle at the BOTTOM signifies an END OF THE BEARMARKET AND A BREAKOUT OF THE DECLINING TRENDLINE
Note
This chart prediction has been invalidated, there has formed a potential tripple top within a rising wedge, which will evolve into a broadening formation. 1st target $6500, then recover to $7200, after that 2nd target $5750.See also updated chart:
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.