Tailwinds:
- Trump's son tweets about twitter
- Possible ETF with yield incoming
- Clearer regulatory regim
Headwinds:
- old tech
- infighting at EF
Technical analysis:
PA:
- red support/resistance & 0.236 held as support.
OBV:
- tight channel has formed.
- break out of channel will show direction of movement.
Overall nice R:R if aiming for previous ATH ($4,868)
R:R: 2820/4868 = 58% growth
Sell if:
- PA drops/closes below red line / 0.236
- OBV drops below channel
- Trump's son tweets about twitter
- Possible ETF with yield incoming
- Clearer regulatory regim
Headwinds:
- old tech
- infighting at EF
Technical analysis:
PA:
- red support/resistance & 0.236 held as support.
OBV:
- tight channel has formed.
- break out of channel will show direction of movement.
Overall nice R:R if aiming for previous ATH ($4,868)
R:R: 2820/4868 = 58% growth
Sell if:
- PA drops/closes below red line / 0.236
- OBV drops below channel
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.
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.