10% drop shows a zone of big resistance, 5-6% drop is a regular pattern of the overall trend.
Buy at the bottom of the range (~3450) and expect it to meander around for the coming months
It will stay range-bound until a new high shows up; then expect a pop.
Buy at the bottom of the range (~3450) and expect it to meander around for the coming months
It will stay range-bound until a new high shows up; then expect a pop.
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.