$500 is a major price level, currently
turned into resistance after holding as
support for a long time. I'm watching this
area closely to see if we get a bearish reversal
pattern around this level for another short. Or if
strong buying volume comes in and setups up
for a break of $550 with bullish pattern, I'll consider
a long.
turned into resistance after holding as
support for a long time. I'm watching this
area closely to see if we get a bearish reversal
pattern around this level for another short. Or if
strong buying volume comes in and setups up
for a break of $550 with bullish pattern, I'll consider
a long.
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.
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.