TECHNICAL ANALYSIS: Upstart after having a massive rally earlier in the year has been beaten down month after month. We are currently trading in a bear regression trend, our money momentum is shifting out of the market and we have a red EMA crossover to the downside. I do think we could potentially see a further push lower to around the $31 level and even possibly $28.
4X 🟢 Bull Pattern Confirmation Requirements
✅️ Linear Regression Indicator Increasing ✅️ Money Momentum Shifting Higher ✅️ Green Dot: Key EMA Crossover to Upside ✅️ Green Middle Band: Bull Market Momentum
4X 🔴 Bear Pattern Confirmation Requirements
🔻 Linear Regression Indicator Declining 🔻 Money Momentum Shifting Lower 🔻 Red Dot: Key EMA Crossover To Downside 🔻 Red Middle Band: Bear Market Momentum
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