Consolidation on the 15 min is indicating a much larger ascending triangle breakout or wedge has formed since the short squeeze earlier this week that may indicate a breakout / breakdown.
This could indicate a breakout back to 46400 or a breakdown back down to 34000.
I would expect some type of catalyst, possible Robinhoods IPO
HOOD might be a trigger.
This could indicate a breakout back to 46400 or a breakdown back down to 34000.
I would expect some type of catalyst, possible Robinhoods IPO
HOOD might be a trigger.
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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.