There is correction on the weekly chart. The movement within the candlestick is limited by the local maximum of 11,824 USDT. There is strong support from past week's candle low at 11.376 USDT
There was a pulse exit from the triangle. Trade moved into a wide black bearish channel. The price is close to a large accumulation of resistance levels. Growth is limited within a day to 11700 USDT.
Day's scenario is presented within a purple frame.
Scenario type - consolidation
There is a high probability of a pullback around 11,400 USDT in the coming days
There was a pulse exit from the triangle. Trade moved into a wide black bearish channel. The price is close to a large accumulation of resistance levels. Growth is limited within a day to 11700 USDT.
Day's scenario is presented within a purple frame.
Scenario type - consolidation
There is a high probability of a pullback around 11,400 USDT in the coming days
Note
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My TG blog t.me/techhypov
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.