A 'Bull Flag' is shown on the daily chart.
It makes you wonder whether a turn is coming in the crypro sector or a continuation to the downside.
One way or another, we will find out in the coming days.
From technical viewpoint, if we can hold the 1309.14 level and break above the 23.6% (1411.09) Fib level, a breakout is possible.
Support: 1309.14, 1219.52
Resistance: 1309.14, 1411.09, 1600.41
PS. Be careful, we are still in a bear market.
It makes you wonder whether a turn is coming in the crypro sector or a continuation to the downside.
One way or another, we will find out in the coming days.
From technical viewpoint, if we can hold the 1309.14 level and break above the 23.6% (1411.09) Fib level, a breakout is possible.
Support: 1309.14, 1219.52
Resistance: 1309.14, 1411.09, 1600.41
PS. Be careful, we are still in a bear market.
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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.
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.