For the short term bullish trend we're seeing, I think this trend line holds some significance. Really just trying to get a feel for how to use this robust software. I'm thinking the bottom of the price action will be stopped by this line up to around $600 at which point I believe we'll see a continuation of the bearish trend back to the $380-$410 area. Really just want to put this out so I have something to build on. Do not trade based on this chart.
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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.