Bear flag forming, we can see price can’t break 38% retracement from the past move down and can’t break above $30500 crucial level*
Showing a very week price movement of breaks down it could pass through $30k support and retest the $28,600 level.
*The crucial level I’m talking about is the body of a doji candle on a daily timeframe from the past impulse to
31K
three months ago. Matching with another 1D TF doji candle right on the same spot.
Showing a very week price movement of breaks down it could pass through $30k support and retest the $28,600 level.
*The crucial level I’m talking about is the body of a doji candle on a daily timeframe from the past impulse to
31K
three months ago. Matching with another 1D TF doji candle right on the same spot.