The ascending triangle possibility is still in play. The volume is still shrinking which is a good support for this play.

You can check out this TradingView post here.

The RSI has come out of the oversold area which is good to note. Could be a bearish tech but with it in the oversold area for the past week durning this hectic time I think that weakens the bearish sentiment to that signal.

If you managed to open a long position after my last post, we are up 11% on it. Time to move up those stops and take profit if that's what you are looking for. The chart below was my last TradingView post.

This Trading View post can be viewed here.

If we can break this triangle look to the $7k area. In the macro perspective, this could be a bounce before a next downturn too. So if we do break that triangle and bounce, I'll keep adjusting those stops and taking profits.

Let's see what today brings!

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