As you can see we have been consolidating in this symmetrical triangle for the past few days. Symmetrical triangles can either break to the upside or downside so we might have a move with big momentum in the next few days. What do you guys think? Towards the upside or downside?
I personally feel that a retest of 30k is incoming due to the low volumes and artifical inflation at the 36k levels overtime but bears could be losing steam over the past few days and we might try to push past 40k before a retest.
this is not financial advise please DYOR.
I personally feel that a retest of 30k is incoming due to the low volumes and artifical inflation at the 36k levels overtime but bears could be losing steam over the past few days and we might try to push past 40k before a retest.
this is not financial advise please DYOR.