📈 To growth. It is important to get fixed above 6600-6700$ and go to the zone 7000-7200$, where the upper limit of the global wedge passes.
📉 For falling. We again break through the lower boundary of the global wedge + upward channel support line. If all this is confirmed, we close hourly timeframes below 6500$, then we are more likely to go to 6300-6100$, which is where 2 support lines from 7600-8000$ pass.
❗️ And the fall may continue to the area of 5800$ if we do not bounce back from 6200$.
📉 For falling. We again break through the lower boundary of the global wedge + upward channel support line. If all this is confirmed, we close hourly timeframes below 6500$, then we are more likely to go to 6300-6100$, which is where 2 support lines from 7600-8000$ pass.
❗️ And the fall may continue to the area of 5800$ if we do not bounce back from 6200$.
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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.
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.