The huge triangle is still in play and a breakout is imminent.
And generally, breakout in either way is possible here.
But, IMO, the selling pressure is stronger, therefore, I would expect the drop and then the major support to be broken at some point.
Not a financial advice.
And generally, breakout in either way is possible here.
But, IMO, the selling pressure is stronger, therefore, I would expect the drop and then the major support to be broken at some point.
Not a financial advice.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.