The bounce came at 
48K a few days back but nothing convincing seems to be pushing the price higher. Could we be looking at a total pullback of -33% with another -10% remaining to go? If so, that would touch the 21 weekly MA and using the daily chart with the pitchfork we can can get one view of when the pullback might complete and the direction of travel if that does happen.
48K a few days back but nothing convincing seems to be pushing the price higher. Could we be looking at a total pullback of -33% with another -10% remaining to go? If so, that would touch the 21 weekly MA and using the daily chart with the pitchfork we can can get one view of when the pullback might complete and the direction of travel if that does happen.
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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.