Local Analysis / Targets / Elliot Wave
BTDR Price is breaking out aggressively as predicted in previous analysis. We got the push above the descending resistance line. The next target is the $24 all time High Volume Node resistance but wave 3 minimum target is above $30 per the Fibonacci extension tool.
RSI is overbought but with no divergences yet and can remain this way for weeks.
Standard Deviation Band Analysis
Standard deviation bands fair value line was tested as support and price is about to breakout above the SD+3 threshold starting a new trend into price discovery with a $50 target. Traders should still be cautious of a rejection in this area.
Safe trading
BTDR Price is breaking out aggressively as predicted in previous analysis. We got the push above the descending resistance line. The next target is the $24 all time High Volume Node resistance but wave 3 minimum target is above $30 per the Fibonacci extension tool.RSI is overbought but with no divergences yet and can remain this way for weeks.
Standard Deviation Band Analysis
Standard deviation bands fair value line was tested as support and price is about to breakout above the SD+3 threshold starting a new trend into price discovery with a $50 target. Traders should still be cautious of a rejection in this area.
Safe trading
PhD Cand: Investing & Sentiment , MSc Financial Econ
Trader 8 years, Investor 15 years
The Sentiment Investor - Market Psychology: thesentimentinvestor.substack.com
Trade Planning, Strategies & Signals: Earn & Learn: tradesignals.substack.com
Trader 8 years, Investor 15 years
The Sentiment Investor - Market Psychology: thesentimentinvestor.substack.com
Trade Planning, Strategies & Signals: Earn & Learn: tradesignals.substack.com
منشورات ذات صلة
إخلاء المسؤولية
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
PhD Cand: Investing & Sentiment , MSc Financial Econ
Trader 8 years, Investor 15 years
The Sentiment Investor - Market Psychology: thesentimentinvestor.substack.com
Trade Planning, Strategies & Signals: Earn & Learn: tradesignals.substack.com
Trader 8 years, Investor 15 years
The Sentiment Investor - Market Psychology: thesentimentinvestor.substack.com
Trade Planning, Strategies & Signals: Earn & Learn: tradesignals.substack.com
منشورات ذات صلة
إخلاء المسؤولية
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.