Forming a symmetrical triangle on the weekly, with a raising 21 week moving average. In the coming weeks a retrace to the 21 ema is likely (just like in 2017 bull market), probably through a false break out to the down side. Followed by a break out of the triangle pattern to the up side (because we are in an uptrend), with an upside target of appr. 48K (USD).
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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.