NVDA's monthly chart is sending mixed signals right now. The TSI flipped bearish back in March, and that October peak? Classic divergence setup. But here's the thing—the April low sat almost exactly at the 20-month moving average, and that's still your key reference point. Year closed at 142.82, so as long as price holds above that 20 MMA, we're not quite in bear territory yet. The technicals look choppy, but that support level is what matters most.
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MemeKingNFT
· 6h ago
Hey, the 20-month moving average is holding firm, this is the bottom consensus... I saw that divergence on the monthly chart a long time ago, the market is still playing out, I mentioned the TSI turning bearish back then, and the retail investors are still in a daze.
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DAOdreamer
· 6h ago
It's only truly dangerous if the 20-month moving average can't hold. It's still too early to talk about a bear market.
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DeFi_Dad_Jokes
· 6h ago
Whether the 20-month moving average can hold or not is the real key; everything else is just empty talk.
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SellTheBounce
· 6h ago
The 20-month moving average has broken, so just wait for the bagholders to cry out; history will repeat itself.
NVDA's monthly chart is sending mixed signals right now. The TSI flipped bearish back in March, and that October peak? Classic divergence setup. But here's the thing—the April low sat almost exactly at the 20-month moving average, and that's still your key reference point. Year closed at 142.82, so as long as price holds above that 20 MMA, we're not quite in bear territory yet. The technicals look choppy, but that support level is what matters most.