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Price will rise to 8730 and after will consolidation above this level, possible will rise to 8800. Ideally, see this in 2 days.
After which the price will fall to 8400. If buyers can lower the price below 8400, they will continue to consolidate in the lower blue zone (between 8400 and 7880).
If by a miracle it turns out that price will fixed above the level of 8730 and does not fall, then consolidation will continue. But for this there must be an impulse up, which will knock out the shorts and remove the walls from there.
After which the price will fall to 8400. If buyers can lower the price below 8400, they will continue to consolidate in the lower blue zone (between 8400 and 7880).
If by a miracle it turns out that price will fixed above the level of 8730 and does not fall, then consolidation will continue. But for this there must be an impulse up, which will knock out the shorts and remove the walls from there.
Note
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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.