EMA’s stabilizing BIG Potential Upside in coming weeks.
165
20/50/100/200 day Exponential Moving Averages are stabilizing price movements. Expect slight pullbacks due to S&P 500 fluctuations. RSI stable around 45-55 staying neutral for the time being.
Overall looks like bears have had their chance to shine and I’m expecting a nice run up to 3900$.
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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.