42k looks to be strong support for technical and fundamental reasons. Like MSTR ,SQ and TSLA buying.
Look to the RSI to determine the fate of this break out. If we can get the RSI and energy above 50 towards the end of the triangle we go up. If below 50 we go down. Because of uncertainty in global markets probability is higher we go down first.
Look to the RSI to determine the fate of this break out. If we can get the RSI and energy above 50 towards the end of the triangle we go up. If below 50 we go down. Because of uncertainty in global markets probability is higher we go down first.
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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.