As assumed in the analysis before, we broke to the downside and are now trending lower. The second rising wedge is about to be broken to the downside as well which could lead us to the 20k level. We can go lower depending on the macro-environmental factors.
Short-term: Bearish
Long-term: Bullish
Short-term: Bearish
Long-term: Bullish
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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.