Weekly chart
In a strong bearish market, what can possible
support the price action?
200 SMA @ $3149
233 EMA @ $3701
Blue trend line which was resistance and
turned into support, will it hold?
Fibonacci ratio's with the 100% level @ $1826 around
a 10 Jul '17 low indicates price action around
88.60%. The 88.60% was prominent with a Feb '14 low
after the Nov '13 high.
Is this enough?
RSI pointing downwards, currently the 2nd lowest
weekly RSI with 12 Jan '15 lower.
In a strong bearish market, what can possible
support the price action?
200 SMA @ $3149
233 EMA @ $3701
Blue trend line which was resistance and
turned into support, will it hold?
Fibonacci ratio's with the 100% level @ $1826 around
a 10 Jul '17 low indicates price action around
88.60%. The 88.60% was prominent with a Feb '14 low
after the Nov '13 high.
Is this enough?
RSI pointing downwards, currently the 2nd lowest
weekly RSI with 12 Jan '15 lower.
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.