- Bearish Trend Reversal @ $11.7k
- Bulls fail to breakout trendline
- Bears broke $10.2k performed to downside
- Below 50D MA
- Warning to bulls shown
- Break RK3 now Kumos resistances
- Volume increase to the downside
- Next supports $8.7k/$8.1k
- Bearish until bulls can breakout $11k/
12K resistances
- Bulls fail to breakout trendline
- Bears broke $10.2k performed to downside
- Below 50D MA
- Warning to bulls shown
- Break RK3 now Kumos resistances
- Volume increase to the downside
- Next supports $8.7k/$8.1k
- Bearish until bulls can breakout $11k/
12K resistancesTrade closed manually
- Broke back above trendline and 0.886 fib- Back above RK3 support
- Bullish if above $11,500 breakout and holds above
- Bearish if breakdown $9,800 and holds below
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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.
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.