According to Bulkowski's research, there is a 31% chance we go up and 69% chance of breaking down from this diamond top.
If we breakdown, we will find support at the .618 fib level (around $7500), or $7375 (which was the previous bottom).
Either way, expect some major movement within the next few hours.
If we breakdown, we will find support at the .618 fib level (around $7500), or $7375 (which was the previous bottom).
Either way, expect some major movement within the next few hours.
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.