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Despite the current overbought status of the market, bullish sentiment remains strong with a target set at $56,154.
However, a minor correction to $51,653 is expected before the anticipated spike.
Conversely, if the current support level fails, a reversal to $48,473 is probable before a bounce-back to 56k.
Upon reaching 56k, a significant reversal could occur, potentially driving the market toward the 37k zone in the coming weeks to months.
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However, a minor correction to $51,653 is expected before the anticipated spike.
Conversely, if the current support level fails, a reversal to $48,473 is probable before a bounce-back to 56k.
Upon reaching 56k, a significant reversal could occur, potentially driving the market toward the 37k zone in the coming weeks to months.
~๐ฌ๐๐๐๐ ๐ฏ๐๐๐๐
๐ฟ๐๐๐ ๐ฟ๐๐๐๐๐ ๐๐๐๐ ๐๐๐๐๐๐
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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.
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.