Also a bullchannel which was left to see a steeper correction.
All major Fibonacci's have been left behind; the last one around 126. This should be good for at least one bounce.
The broader picture also applies here; bulls will have to produce a higher low to see bottomforming continuing (see BTC and ETH posts before).
147 is first resistance but 155 is more likely to see a pause on an eventual bounce.
All major Fibonacci's have been left behind; the last one around 126. This should be good for at least one bounce.
The broader picture also applies here; bulls will have to produce a higher low to see bottomforming continuing (see BTC and ETH posts before).
147 is first resistance but 155 is more likely to see a pause on an eventual bounce.
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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.