Stacks bullish scenario
Stacks could be forming a bull flag. a technical chart pattern that indicates a potential continuation of an uptrend.
Bulls managed to bounce off the ~$1.25 zone, previously respected by both buyers and sellers.
Now in a tight spot, facing diagonal resistance, potentially being a key zone to break out of a bull flag.
When prices a tightly compressed, a breakout is often more powerful.
A successful breakout could test the March highs of the ~$3.7 zone.
Bulls managed to bounce off the ~$1.25 zone, previously respected by both buyers and sellers.
Now in a tight spot, facing diagonal resistance, potentially being a key zone to break out of a bull flag.
When prices a tightly compressed, a breakout is often more powerful.
A successful breakout could test the March highs of the ~$3.7 zone.
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.