Working on the RS formation RS neck = LS neck 37K PT 62K Expecting 30 -31K retrace and quick continuation RS
Expecting a 30500 re-test and a quick bounce of the trendline BO. Money is waiting on sideling to get in the bull cycle. Expecting a green candle with a long wisk
Fib is probably the more reliable price point indicator.
27K support May retest 29K -32K before making the next leg
We lost volume from China and exchanges removed leverage. Extremely small volume make it bearish. Watching 30,300 level
She prefers Fibs over major trendlines long term however it can be used as a reference.