See previous post for more detail. For take profit targets I pulled a trend based fib extension from the last top.
As you can, targets break into the 18,000s and could even take a crack at breaking $17,000
Strong reversal after; assuming hidden bullish divergence forms on the RSI.
As you can, targets break into the 18,000s and could even take a crack at breaking $17,000
Strong reversal after; assuming hidden bullish divergence forms on the RSI.
Note
Strong hidden bearish divergence on the 2H RSI as well.Disclaimer
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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.