SHORT. Supports broke previous marked targets all hitting.
As with my previous targets in my last chart all targets are been hit. We are still in the aftermath of a strong price rejection above $6800 and the weakening support of $6700 until now support has been broken all below $6,400. We have some weak buy volume testing the support here. All my previous targets from my last chart have played out perfectly. Hope you all have profited!!
When I look at RSI and MACD levels and progression on 1H, 4H and Daily and other things like the Rising Wedge and bear falg and a few other things I would say it would be very possible to see a pullback and break down through the Rising Wedge to a 50-61.8 Fib Retracement.
We have now seen the first pull back to around $6,400 and now looking to 6,270 before confirming anything deeper. As always we have to wait and see what the market makers have in store for us in these situations. As always be ready to play the market both ways whatever the market markers throw at us and beat them at their own game.
If you found my previous chart and this one helpful please give a like and a follow. Everything I provide is free and for the betterment of the community. Remember everyday, new data. Stay Frosty!!
Thank you!!
When I look at RSI and MACD levels and progression on 1H, 4H and Daily and other things like the Rising Wedge and bear falg and a few other things I would say it would be very possible to see a pullback and break down through the Rising Wedge to a 50-61.8 Fib Retracement.
We have now seen the first pull back to around $6,400 and now looking to 6,270 before confirming anything deeper. As always we have to wait and see what the market makers have in store for us in these situations. As always be ready to play the market both ways whatever the market markers throw at us and beat them at their own game.
If you found my previous chart and this one helpful please give a like and a follow. Everything I provide is free and for the betterment of the community. Remember everyday, new data. Stay Frosty!!
Thank you!!
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