GPrice has fallen out of an ascending wedge & Fib resistance fans.
Already perfectly retested both the wedge and the fib fan.
9EMA < 20EMA, & soon the 20EMA < 50EMA.
I'll add a short to a potential/likely bounce in the upcoming week, as the RSI is already almost oversold.
Downside target is the 50% -61.8% retrace of the post-covid crash run.
Target = $32.5 - $37
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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.