There is not really much to say. In end of Oct / start of Nov we kinda ran into a bull trap so we werent able to break out. Its kinda obvious if bulls don't show up and we break below $8606 we will see mid to low 7k ranges. Probably we see some kind of support around 8k which is going to be dumped eventually. But at this point I don't see it going below $7292 and we should see a retest/ -> breakout after we found support.
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.