This chart shows it better.
We have multiple resistance levels coming into play.
If we break the white resistance - which we WILL - if the measured breakdown move plays out - then we very likely will fall to 24k.
24k is also the CME gap, the Weekly bollinger band AND an important fib retrace level.
Let’s go down and buy at a great price before liftoff to 30k ++++++
We have multiple resistance levels coming into play.
If we break the white resistance - which we WILL - if the measured breakdown move plays out - then we very likely will fall to 24k.
24k is also the CME gap, the Weekly bollinger band AND an important fib retrace level.
Let’s go down and buy at a great price before liftoff to 30k ++++++
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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.