Descrição
⋅ Very simple post,
We see on the 1hr chart, previous times that the 50MA(dotted red) has risen above the 200MA(green) we have seen a decent if not massive boost.
This should not be any different.
Trade well, go long.
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⋅ Also to note, it looks like it wants to bounce off the bullish 46 RSI marker and the STOCHRSI is looking like it wants to bounce up.
Should be a good rally
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⋅ lol also, just to note, watch carefully
A break down of the 50MA would most surely bring us to the bear target of $3100