the price is testing the breakout from the pennant as expected, thus we could expect a new breakout of 0.618 Fibonacci level.
If the price is going to lose the support, we could see the double bottom on 40k as I said on the main idea. Check how the supply zone worked, It's strong resistance, avoid opening a long position below the resistance, the hope is not a strategy
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.