Bull trend has not yet been broken - since October 2020.
Current support found at 618 fib then continued at 0.5. Price consolidating in a range.
- If these fib levels are broken, then further correction will follow.
- If 42,000 is broken, then long orders will be triggered for further upside.
Next move will determine where we stand in the short term.
Good luck to all!
Current support found at 618 fib then continued at 0.5. Price consolidating in a range.
- If these fib levels are broken, then further correction will follow.
- If 42,000 is broken, then long orders will be triggered for further upside.
Next move will determine where we stand in the short term.
Good luck to all!
Comment:
Bullish pennant has been broken. Let see how price develops and if 30 k holds.