ETN Daily chart 05.01.26
We've started with a green candle on this fine but cold Monday morning. Everyone back to the grind. On the chart we need a higher high to print and we are getting closer. We have already printed a higher low which is positive. If you check out the MACD the moving averages (red and blue lines) are getting closer to crossing the signal line. (The signal line is where the green and red MACD histogram "candles" grow from). Last time we crossed, as circled on the left of the chart, the price took off. So we will be watching closely for those 2 events. Higher high followed by the MACD crossing the signal line. Happy New Year everyone. This is our WAGMI year so let's do this.....! 😎
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