Currently the 200 day moving average around $11.3K is being defended. The next few days are crucial as a break below that will break the overall trend it has followed since the lows. It also coincides with the 38% FIB retracement support level. If anything expect a bounce and if sustained a continue rally in prices until a retest of all time highs.
Disclaimer
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.
Disclaimer
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.