Confluence of Support:
Flag pole downside target around $52k.
Bottom of parallel channel we should bounce as we have done recently at the bottom of the channel
200 Day moving average around $50k so near the 52K
That said we still have strong bearish momentum. Price is expected to down to $52k.
At that price target we might flip bullish.
Are you bullish or bearish near 52K?
Flag pole downside target around $52k.
Bottom of parallel channel we should bounce as we have done recently at the bottom of the channel
200 Day moving average around $50k so near the 52K
That said we still have strong bearish momentum. Price is expected to down to $52k.
At that price target we might flip bullish.
Are you bullish or bearish near 52K?
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.
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.