This technical analysis is similar to the last one I posted but just more detailed showing you what I'm seeing so you can visualize what I'm thinking.
Let's see what happens today (Monday, December 13th, 2021) and the rest of the week.
The rejection at $52,000 was exactly where we broke down below the uptrend that started July 2021, indicating it's a supply zone, and then we printed a lower high also after that confirming the previous sentiment.
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.
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.