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Most likely, the sellers will lower the price in the higher volume zone $ 8430 - $ 8200.
If buyers are active enough in this area, then you will be able to see the accumulation of volumes.
Then in this zone there will be a price reversal and the price will start to rise to $ 8700, and at the fixation above the level $ 8712 the growth will continue.
Otherwise, if the price goes below the zone of high liquidity, then the price will fall to the levels of $ 8000 - $ 7800.
_________________________________________
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Also, don't forget to visit our profile.
Most likely, the sellers will lower the price in the higher volume zone $ 8430 - $ 8200.
If buyers are active enough in this area, then you will be able to see the accumulation of volumes.
Then in this zone there will be a price reversal and the price will start to rise to $ 8700, and at the fixation above the level $ 8712 the growth will continue.
Otherwise, if the price goes below the zone of high liquidity, then the price will fall to the levels of $ 8000 - $ 7800.
_________________________________________
This analysis and more in our Telegram channel.
Also, don't forget to visit our profile.
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.