I'd say there's a:
65% chance we breach the upper bearish trend-line.
20% chance we don't and stay within the channel.
15% chance we dip below the support trend-line where pain ensues.
__________
This is not investment advice.
I know nothing.
I have no ego.
I don't claim to be anything other than a newbie.
65% chance we breach the upper bearish trend-line.
20% chance we don't and stay within the channel.
15% chance we dip below the support trend-line where pain ensues.
__________
This is not investment advice.
I know nothing.
I have no ego.
I don't claim to be anything other than a newbie.
Comment:
Cautiously optimistic about this trend-line breach. I think we need to hold the $8600 mark for a few days and the impulse up to $9700~ in order for it to be considered valid. Whales like to get your hopes up before smashing them to pieces!