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We have a good sign as well as the bad one.
Good sign the price holds above its previous range (above 7,800 level)
Bad sign - Rejection from resistance trendline.
That's why our decision will depend on how the price interact with these levels. I am considering long on a breakout of resistance trendline with next targets - 8.200$ - 8400$ - 8630$. In case current suppost is lost I am considering short with next targets 7470$ - 7095$ - 6670$
Leaving a "like" costs nothing and really helps me out; please consider it! It's the #1 thing I look at when deciding to work on future content.
Peace Out!
Not a Financial Advice
We have a good sign as well as the bad one.
Good sign the price holds above its previous range (above 7,800 level)
Bad sign - Rejection from resistance trendline.
That's why our decision will depend on how the price interact with these levels. I am considering long on a breakout of resistance trendline with next targets - 8.200$ - 8400$ - 8630$. In case current suppost is lost I am considering short with next targets 7470$ - 7095$ - 6670$
Leaving a "like" costs nothing and really helps me out; please consider it! It's the #1 thing I look at when deciding to work on future content.
Peace Out!
Not a Financial Advice
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.