Ronald Ray Posted April 30, 2023 Posted April 30, 2023 https://topgoldforum.com/uploads/monthly_2023_04/image.thumb.png.afdda890910137ab86eab2ec6e5a136f.png My price target WAS 34k, with the INV HNS pattern. But we have problems Bullish argument: INV HNS Weekly 30 and 50 cross MACD in the green Bearish argument: Reversal divergence RSI daily and 4hr Low volume Expanding wedge/ bear flag Fake out 27/04/23- shows bullish weakness Currently forming bearish HNS 34 K is still possible, but BTC needs a pullback for RSI to reset. 24k, 22k possible. If so, expect alts to bleed HARD with BTC dominance so high, USD dollar looking for a bounce, and general recession data. Also possible is a new yearly low, it’ll take time, wait for the pullback to confirm, but 10k is the current WCS. I was really hoping for 34k. Oh well…
maspluto Posted May 5, 2023 Posted May 5, 2023 Having a good and correct understanding will definitely help traders improve their trading skills, so that traders can make the most of the educational programs provided by Tickmill.
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