Ronald Ray Posted April 30, 2023 Share 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… Link to comment Share on other sites More sharing options...
maspluto Posted May 5, 2023 Share 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. Link to comment Share on other sites More sharing options...
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now