Current bullish movement will touch on 9000usd down trending channel resistance.
With current lack of buyers the price will be rejected.
Once buyers are exhausted the drop will be fast back down to a strong previous support line around 5000-5200
Which also falls on a strong previous trend line and the current down trending channel support line.
I cant see price getting much lower than this with out a whole heap of fundamental help
With current lack of buyers the price will be rejected.
Once buyers are exhausted the drop will be fast back down to a strong previous support line around 5000-5200
Which also falls on a strong previous trend line and the current down trending channel support line.
I cant see price getting much lower than this with out a whole heap of fundamental help
:) fingers crossed.