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Technical analysis by RSI-Guy about Symbol MSTRX: Buy recommendation (5/13/2024)

https://sahmeto.com/message/3719912
RSI-Guy
RSI-Guy
Rank: 1994
2.3
Buy،Technical،RSI-Guy

Looks like the early beginnings of an inverse H&S on the MSTR chart. Neckline around $1340. Will be watching for the breakout to confirm this pattern. Early targets: - $1480 - $1670 RSI trending up. Looks even better on the daily chart. With BTC prices gaining strength and excitement building from Roaring Kitty's return on X, I'm hopeful for this to play out.We have a breakout, but will we close out the day above the neckline?Breakout confirmed. First target achieved. Eyes on $1,680 nextTarget 2 achieved. All eyes on the weekly chart now and whether we can close above the current high of $1780

Translated from: English
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Signal Type: Buy
Time Frame:
4 hours
Price at Publish Time:
$124.6
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