In my opinion, bottom will be reached in mid 2021. Price might rebound from fib support lines, but will eventually be resisted at 50 MA as it was in 2008 recession. and will drop down until it will reach monthly 200 MA as a support.
Please let me know your opinion in the comments.
This is not an investment advise.
In my opinion, bottom will be reached in mid 2021. Price might rebound from fib support lines, but will eventually drop down to Fib 0.618 support line or even lower until it will reach monthly 200 MA.
Please let me know your opinion in the comments.
This is not an investment advise.
In my opinion, bottom will be reached in mid 2021. Price might rebound from fib support lines, but will eventually drop down until it will reach monthly 200 MA.
Please let me know your opinion in the comments.
This is not an investment advise.
