On the weekly chart the indicators are showing overbought...we might get a pullback to 48k depending on the next few days.
My ideal entry would be around 48kish...if we break below that...there's major support around 41k-42k levels...
If the bulls win there's major resistance around 56k-57k where I plan an entry.
Personally, I'm more bearish than bullish. Let's see how things unfold. Good luck :)
My ideal entry would be around 48kish...if we break below that...there's major support around 41k-42k levels...
If the bulls win there's major resistance around 56k-57k where I plan an entry.
Personally, I'm more bearish than bullish. Let's see how things unfold. Good luck :)
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Please hit the LIKE button so I know you exist 🙏
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.