At the moment we are in very important level. One candle close below $7925 and we might go down to the next support area which is $7500-$7600 Let's see how it's gonna play out again because in this level have some bullish criteria's to match: 1. Hammer Candlestick pattern in 4h 2. Double bottom chart pattern 3. Falling Wedge first trendline retest after breakout 4. Old support
Neg. criteria - we close yesterday below $8000
Let's see :)
Note
Another big dump, but we have about 15 min to the candle close to confirm this action!
Note
Now we have touched $7800 4 times! But we just can't find more buyers who buy this **** up :D
Note
4h candle close show's some positive vibes :D IT IS GREEN! Bounced from Falling Wedge trendline and 4 times touched $7800 support! Let's see if we get from here some sloppy "Morning Star" candlestick pattern!
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.