The real problem here is not the move back under the 20K
...but the potential break of the dynamic trendline.
In case of further weakness:
1. 15K and 13.8K pretty relevant static supports.
2. the Median Line per 1.2.3 is (now) pointing out a potential first "target zone" back slightly under 10K (orange arrow zone in the chart).
Confirmation needed.
Update of:
In case of further weakness:
1. 15K and 13.8K pretty relevant static supports.
2. the Median Line per 1.2.3 is (now) pointing out a potential first "target zone" back slightly under 10K (orange arrow zone in the chart).
Confirmation needed.
Update of:
Comment:
Déjà vu support zone on watch
from: