As noted in earlier analysis, there was a decision for the market between the yellow uptrend and the blue downtrend.
The market is overwhelmingly leaning into the blue downtrend once again and we are likely to see a retest of this support level in the lower $30s.
The market is overwhelmingly leaning into the blue downtrend once again and we are likely to see a retest of this support level in the lower $30s.
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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.