Ideally, RDDT should regain the SMA200 (which I have extrapolated on this chart in the future) with the earnings report on 30 April. Right now the SMA200 sits around ~ $115.
Additionally, the MACD turned green on the daily timeframe.
Regaining this pricelevel would instill confidence and supporting the bulls. If not, the price could even retest the support at...
Assuming the markets take a breather and crypto also finds a bid, I'd see this possible scenario. The ugly stuff first, the death cross has already happened, ETH is in a downtrend with not much air to breathe. A falling wedge has formed that could break to the upside.
If the market has legs and doesn't correct further for a while, then I would see a relief rally...
