Daily chart update to my previous post.
I would be very cautious about opening a short below 10k without the price testing that range one more time.
We're about to dip down to the neckline of a Head and Shoulders formation.
Retest of 10k and subsequent rejection completes the right shoulder.
Eventual Target = $6k
I would be very cautious about opening a short below 10k without the price testing that range one more time.
We're about to dip down to the neckline of a Head and Shoulders formation.
Retest of 10k and subsequent rejection completes the right shoulder.
Eventual Target = $6k
Note
we should be hitting ceiling any minute now, at around 10200Disclaimer
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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.