🧠It is approaching the weekend, and the price is still running below the gray range. If the closing price this week is below the gray range, then the gray range will completely turn into the blue resistance zone, which is not a good signal, which means that the probability of further decline will increase.
➡️From a structural point of view, if we fall below the rising support line and the yellow support zone (84000-86000) and do not recover quickly, it means that we will fall further. 📉
Let's see👀
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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.