[New post] Miner Consolidation — Update

likesmoneystudies posted: " The Miners remain in consolidation since breaking above the January intermediate cycle high back in April.   This sideways consolidation has allowed the 10 week MA to catch up to price. The Miners are still in a weekly uptrend.  A bullish bre" Cycle Trading Miner Consolidation — Update likesmoneystudies May 15 The Miners remain in consolidation since breaking above the January intermediate cycle high back in April.   This sideways consolidation has allowed the 10 week MA to catch up to price. The Miners are still in a weekly uptrend.  A bullish break out of consolidation will indicate a continuation of the weekly uptrend and signal a cycle band buy signal.  But a break below the 33.34 consolidation level would potentially set the Miners up for a left translated weekly cycle formation. Comment Like You can also reply to this email to leave a comment. Unsubscribe to no longer receive posts from Cycle Trading. Change your email settings at manage subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://likesmoneycycletrading.wordpress.com/2023/05/15/miner-consolidation-update/

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