Breakout coming soon?
In my opinion we have not broken out of the triangle yet. We have hit the upper resistance line 3 times and, in my opinion, will break out within the next 2 weeks. My target lies at the 1.618 fib level which equates to $2500. I do think we will go a lot higher than that though.
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.