If rejected of trendline 30k is the rough bearish target.
If turned support, we are smiling towards 33k again and probably bouncing off the top of the channel.
Not financial advice.
DYOR
If turned support, we are smiling towards 33k again and probably bouncing off the top of the channel.
Not financial advice.
DYOR
Note
Trade closed: target reached
Played out exactly per scenario 2, we bounced off 30k to the dollar and are now heading back to try to brake the upper resistance line.
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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.