All depends on the volume at these breakout points.,..
it is respecting this trend line...(pink line)
.
here can be 3 scenarios.
1.(high chance) : 9150$ k aspas se bounce kar sakta hai.. Fibo retracement + Reverse Head and shoulder + Moving Average 200. kaafi sare indicators show ho rhe h.
2. (less chance) : 8000$ k aspas se bounce kar sakta hai.. Pichlla heavy support hai yaha. + MA 300 se support h.
3. (least chance) : 6000$ se bounce... i dont think itna down jayega.
it is respecting this trend line...(pink line)
.
here can be 3 scenarios.
1.(high chance) : 9150$ k aspas se bounce kar sakta hai.. Fibo retracement + Reverse Head and shoulder + Moving Average 200. kaafi sare indicators show ho rhe h.
2. (less chance) : 8000$ k aspas se bounce kar sakta hai.. Pichlla heavy support hai yaha. + MA 300 se support h.
3. (least chance) : 6000$ se bounce... i dont think itna down jayega.
Note
Let the candle close above the trend line.
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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.