TBH I'm too lazy to explain it all but after looking at previous charts including RSI reading, volume, and MA. I set the target for a 40% correction(worst case scenario), we're not there yet but new patterns show we could go even lower than that.
The weekly chart also showing the candle stick pattern that indicates a change of trend
Nothing confirmed yet, could still see the 30k support or the MA support hold up
Next few days are crucial
The weekly chart also showing the candle stick pattern that indicates a change of trend
Nothing confirmed yet, could still see the 30k support or the MA support hold up
Next few days are crucial
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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.