We probably bottomed
I see ascending triangle, bounce from minor support in addition with overal capitulation in the market. I believe, that if ETF proposal will be settled (29. february) then we could see potencial start of a bull run.
I dont like the hanging man candle formation which could turn the trend back to bearish. The analysis will be invalided, if we dont break trough the purple sideways resistance line.
I dont like the hanging man candle formation which could turn the trend back to bearish. The analysis will be invalided, if we dont break trough the purple sideways resistance line.
Related publications
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.