Tight channel trend towards 12000 or further down 11000
We currently trading sideways with swings as high as 2% both up and down yet on a tight channel that might see us back re-testing 12000 resistance or crashing further into the 11000 support. This would be a great spot to pump up your bags if you sold the last rally, also a great spot to counter trade if you have been placed at a loss by the latest crash.
As always trade safely, Happy Trading.
As always trade safely, Happy Trading.
Related publications
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.