realchartchamp

MAXI Update - Wicked below the lows of the range

BATS:MAXI   Simplify Bitcoin Strategy PLUS Income ETF
In my previous MAXI update I discussed the risk of MAXI dropping below the channel. There was a drop below the channel that turned into a wick back above and strong rebound. I did not expect BTC to rally to all time highs before the halving at the time of the previous post. MAXI's support level held and had a nice rally with BTC. The upper range of this channel is the key price target on the way up. This price target is sloped upwards and increases over time. The current estimated target is around $31.60.

Want more of my content?

Check out my YouTube and Twitter updates across all financial markets

Join my exclusive Discord community for swing trading, options trading, and long-term investing.

There is a free trial period for the group

Links👇
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.