Strategy has turned neutral on its 1W technical outlook (RSI = 47.670, MACD = -33.360, ADX = 28.820) due to the strong rally of the past 2 weeks. As it approaches the LH trendline of the Bear Cycle and more importantly the 1D MA200, it becomes a strong sell opportunity as that was the market's (R)esistance during the 2022 Bear Cycle. The two Cycles are identical so far and there is no reason not to expect this to continues. Projection: almost -90% total decline (TP = 60.00).
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Over 65% accuracy on Private Signals Channel.
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Over 65% accuracy on Private Signals Channel.
Over 15% profit monthly on Account Management Plan.
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Telegram👉 t.me/investingscope , investingscope.com
Over 65% accuracy on Private Signals Channel.
Over 15% profit monthly on Account Management Plan.
Subscribe to our wealth making YouTube Channel👉youtube.com/@InvestingFlix
Over 65% accuracy on Private Signals Channel.
Over 15% profit monthly on Account Management Plan.
Subscribe to our wealth making YouTube Channel👉youtube.com/@InvestingFlix
Disclaimer
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.