Long
Time to rebuild?
Have we now hit the bottom of the immediate downward correct? From my perspective, it appears so, although a delicate time over the next 24 hours to see if tentative steps can be made onto the upward trend channel. Potential targets are £32k, £34.5k and £36.5k. I believe ultimately a big bearflag will be formed and we'll be back on the downward to targets of £23.5k and £21.5k.
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Disclaimer
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.