Currently at S/R ~180. Either we break past today or post-CPI or we get a little whipsaw around CPI for which setting bids at 12H OB marked (yellow box) is a good idea. Either way, midterm target remains at $256, hopefully sometime in June.
Trade active
Going long at $179.2 on the back of positive tariff news. Expecting turbulence ~$220. Clear skies above to our target.Note
In choppy waters, I remain long at the moment. 1D 200MA at $180 capping price while 200EMA catches up.Note
Unable to hold above 1D 200MA, bearish divergence forming on 1D RSI. Still in a bullish channel with higher lows. Will re-evaluate tomorrow after the daily close.Note
Chop fest around weekly open. Need to get above and go for Monday high's next. Next target yearly open at $189.xxNote
Finally got that pop above resistance, 4H close. Looking at the daily. TP1 is ~$220. TP2 @ $250. I will evaluate in a week or two, if BTC.D drops, will hold for fresh highs.Note
The 3D OB held. Looking for higher prices, targets as shared earlier. LT/ EOY target: $560.Trade closed manually
SOL looks like shit against $, BTC and ETH. WIll revisit later if we get a big flush to $100-120.Disclaimer
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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.