We failed to make a higher high this week so more downward in store.
However we won't go crashing to 32, 30, 28, 22, 17, 12, 6, 3, or 1k any time soon.
There is a nice healthy trendline that will stop us at around 35k.
Total chart confirms this same movement.
However we won't go crashing to 32, 30, 28, 22, 17, 12, 6, 3, or 1k any time soon.
There is a nice healthy trendline that will stop us at around 35k.
Total chart confirms this same movement.
Comment:
ah this may be invalidated. we made a higher high and this appears to be a bullish engulfing weekly candle. so up from here strong possibility!