The price has gone below the support level of 3.200 but we still see movement in the ascending channel globally
The next support is in the 2.800-3.000 zone and this is a very powerful level
Moving below the support level at 3.000 may lead to a test of the next support level at 2.000
For now, I vote for the fact that we are in the consolidation zone and after leaving the triangle formation we may well test the historical maximum
The main task now is to stay above 3.000
Zone 2.800-3.000 remains a buy zone for me
Targets for sale are a historical maximum if there is an exit above 3.800
The next support is in the 2.800-3.000 zone and this is a very powerful level
Moving below the support level at 3.000 may lead to a test of the next support level at 2.000
For now, I vote for the fact that we are in the consolidation zone and after leaving the triangle formation we may well test the historical maximum
The main task now is to stay above 3.000
Zone 2.800-3.000 remains a buy zone for me
Targets for sale are a historical maximum if there is an exit above 3.800
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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.