Had a support line that was broken through. TA, September, China FUD or all above??
Hit the top of the projected curve from the last analysis. Forming a bullish pattern will lead us back up to retest old support as resistance.
From there, we'll either re-test the top of the downward channel or fall back down towards the bottom of the channel. Depending on time, this could bring us to 38k. Likely reverse there and push us back up in October.
That said, Sept. is doing its usual. Hang tight, we'll pop back up in a couple of weeks.
So if China banned crypto (again), guess they can't use their digital Yuan?? #Hypocracy
Hit the top of the projected curve from the last analysis. Forming a bullish pattern will lead us back up to retest old support as resistance.
From there, we'll either re-test the top of the downward channel or fall back down towards the bottom of the channel. Depending on time, this could bring us to 38k. Likely reverse there and push us back up in October.
That said, Sept. is doing its usual. Hang tight, we'll pop back up in a couple of weeks.
So if China banned crypto (again), guess they can't use their digital Yuan?? #Hypocracy
Related publications
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.
Related publications
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.