After an incredible 1300%+ run from it's low's in March of 2020, Jushi spent the last few months forming a descending triangle consolidation pattern. It recently broke out of the triangle and is now above the daily Kumo Cloud with a positive TK twist. We are also seeing a new higher high for the first time since February and an inverted H&S in the RSI. If it...
If the price can break above resistance it will be confirmed.
Obviously its only Monday but this looks very promising. Very bullish if closes above on Friday.
Very bullish If LABD can maintain this level by the EOD
Too soon to tell yet is this will play out, but RSI divergence is concerning
Place stop slightly below the .618 retrace
Beautiful Cup and Handle breakout (double bottom as well). 1st target 16.50
Broke resistance today, lets see if it can hold. (Although I'm a little worried about some bearish divergence in RSI)
This is just speculating but there is a good chance of a potential inverted Head and Shoulders in BTC. I included the fib retracement levels here, with most of my buy orders near the .618 level.
Possible C&H, if breaks resistance target is 240ish. With Bullish Divergence on RSI
Head and shoulders (with 2 shoulders each side) broke through neck line. Target 234.75ish
SLV Double Bottom Breakout with Bull Div on RSI
At least short term bullish, target 33.50ish
Obviously too early to tell but this could be forming an inverted H&S pattern that targets 5500ish.