The price formed a bearish pennant which increases chances of going lower from current points. We still wait for a small downward movement, but the main movement should be upwards. The closest support is $180 which can stop the dump and reverse the price.
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.