Historic: 05/20/2022 (mm-dd-yy) Fear & Greed Index: 30
Mid-term forecast (1-2 weeks): If price breaks the 105 resistance, a resumption of a strong uptrend is expected. Aiming at 116 (1-2 weeks) and 133 (2-4 weeks) If the support a 100 breaks, the short-term forecast (resumption of the downtrend) will not be valid. We will close our open trades if the 101 or 99 level is broken in the medium term.
Technical analysis: A DOUBLE BUTTON on the floor forms on the daily chart between 100 and 101, starting on 05/12/2022. This week it can break 105 and is expected to rise to 116 and 133 according to technical analysis and confirmation of the pattern.