breaking one of these Support Resistance would give us an idea
as of now it can easily go down to low 6,000, there are a few supports at 7,800 and 7,00 areas but if it breaks below that immediate red support. but if it breaks that green resistance it can start changing the trend to the upside
Trade closed: target reached:
It went to the Green Resistance and hasnt been able to break through, notice Volume is low and bodies of the candles are small which says indecision. peaople seem to be cautious.
anyway, unless people start buying and breaking it throgh that Resistance this is going to fall hard.
Like i said if it breaks below that Dark Red Support it only has two weak supports @ 7,800 area and 7,500 to 7,300 area. other then that youre looking @ $6,000
anyway, unless people start buying and breaking it throgh that Resistance this is going to fall hard.
Like i said if it breaks below that Dark Red Support it only has two weak supports @ 7,800 area and 7,500 to 7,300 area. other then that youre looking @ $6,000