Expect a drop to the lower point of the channel to $29300 region then an upwards rally.
If this area doesn't hold I'm afraid we'll heading downwards hard.
I fully expect it to hold as it's an area of confluence of both the support reguon and descending channel
If this area doesn't hold I'm afraid we'll heading downwards hard.
I fully expect it to hold as it's an area of confluence of both the support reguon and descending channel
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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.