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 Candidate: Investing, Sentiment & Social Mood
MSc Financial Econ
Technical Analyst 7 years
Trader / Investor 14 years
DeTrended Metrics Report (Free): detrended.substack.com
Members Only Trading Signals: tradesignals.substack.com
MSc Financial Econ
Technical Analyst 7 years
Trader / Investor 14 years
DeTrended Metrics Report (Free): detrended.substack.com
Members Only Trading Signals: tradesignals.substack.com
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PhD Candidate: Investing, Sentiment & Social Mood
MSc Financial Econ
Technical Analyst 7 years
Trader / Investor 14 years
DeTrended Metrics Report (Free): detrended.substack.com
Members Only Trading Signals: tradesignals.substack.com
MSc Financial Econ
Technical Analyst 7 years
Trader / Investor 14 years
DeTrended Metrics Report (Free): detrended.substack.com
Members Only Trading Signals: tradesignals.substack.com
Publikasi terkait
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.