Broke out of muliti year resistance in Jan19 and went on a parabolic uptrend, it has broken out of its pattern and retested the trendline and now almost perfectly retraced back to the 0.618 Fib.We see on a daily a Bearish Engulfing and Money Flow divergence.
Most significat Support is former multi year resistance which is also where the Weekly 200 MA is located at 64$
Find me on twitter
@Charlestrad3r
Most significat Support is former multi year resistance which is also where the Weekly 200 MA is located at 64$
Find me on twitter
@Charlestrad3r