As you can see on the chart we are right above 8000. Levels is wirking as support for now.
As long as bulls stay above there is a chance for rally towards 11000 or even 13000.
Overall we are still in a bear market so I would rather wait fro breakdown and close below 8000.
First target is at 6000.
Break and close below that level may indicate that latest consolidation within 11000-6000 and market is ready to fall towards 1000.
As long as bulls stay above there is a chance for rally towards 11000 or even 13000.
Overall we are still in a bear market so I would rather wait fro breakdown and close below 8000.
First target is at 6000.
Break and close below that level may indicate that latest consolidation within 11000-6000 and market is ready to fall towards 1000.
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.
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.