On H1 you see my support at 28850ishwhich is holding strong since few days. Above, you see 200 day EMA is also strongly limiting upside with a strong rejection. At some point shortly, it's either or. Breakout or breakdown.
What do you think? Let me know in comments. My bias is for breakdown.
What do you think? Let me know in comments. My bias is for breakdown.
Note
Looking at 32250ish now.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.