Price holding in around 3k after a small drop to ~2950.
Current PA is back above critical and lower long-term trendline which provides the crossover support previously mentioned (close = trendline, low = critical).
Colored trendlines have been extended to indicate short-term resistance; remember that the gap between yellow and magenta is a buffer zone.
In-terms of a bullish breakout attempt I'd be looking for something off the highlighted triangular pattern.
Current PA is back above critical and lower long-term trendline which provides the crossover support previously mentioned (close = trendline, low = critical).
Colored trendlines have been extended to indicate short-term resistance; remember that the gap between yellow and magenta is a buffer zone.
In-terms of a bullish breakout attempt I'd be looking for something off the highlighted triangular pattern.
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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.