The bearish Market seems locked down the way for the bulls for moving up and continue the rising wedge. Price moving below the middle low of Bollinger band with all of the Moving Averages standing above the price with the typical curve down. It looks the price will fall exactly to the ground. At 50% or 61.8% is for the bulls' shift to start the price moving up.
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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.