We broke historical trendline support in late november.
Now price is printing reversal pattern at 1.618 ext in black from a .618 retracement.
A dragon fly dogi yesterday.
Price action is forming a descending wedge as RSI flattens.
There is no obvious structural support between 2980 support and ~ 1k, so this is a price area to look closely after.
Now price is printing reversal pattern at 1.618 ext in black from a .618 retracement.
A dragon fly dogi yesterday.
Price action is forming a descending wedge as RSI flattens.
There is no obvious structural support between 2980 support and ~ 1k, so this is a price area to look closely after.
Note
and boom. big green day
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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.