We can notice that we are almost 6 consecutive days of red candles. But all with big shadows, showing a period of indecision and turbulence due to the news from China.
I believe the price will not break the support zone between $ 3600 and $ 3200.
Possible natural support at $ 3000.
Also, I'm using 2 Up Trend Lines to delimit the minimum and average growth of the value.
I believe the price will not break the support zone between $ 3600 and $ 3200.
Possible natural support at $ 3000.
Also, I'm using 2 Up Trend Lines to delimit the minimum and average growth of the value.
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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.