There is a consolidating descending traingle appearing right now.
In the up coming weeks (around two weeks), there is a big possibility that it will drop to $5,500.
It is a classic descending triangle, or a penant. It will drop about the same price range as the height of the triangle/penant.
In the up coming weeks (around two weeks), there is a big possibility that it will drop to $5,500.
It is a classic descending triangle, or a penant. It will drop about the same price range as the height of the triangle/penant.
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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.