20 SMA - Blue
200 SMA - Pink
What I see:
If Price holds above 56000, demand support should hold.
If price breaks below 56000, current market structure support could be tested @ 53500.
For any reversal confirmation, price must 'BREAK" and "HOLD" above 20 SMA.
I'm neutral, patiently ...
200 SMA - Pink
What I see:
If Price holds above 56000, demand support should hold.
If price breaks below 56000, current market structure support could be tested @ 53500.
For any reversal confirmation, price must 'BREAK" and "HOLD" above 20 SMA.
I'm neutral, patiently ...
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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.