A bearish angle is broken. The $ 7 range is a very strong support range. If supported, it can move up to $ 8 and $ 9.
If the $ 7 range is broken, it could experience a further decline.
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This analysis is solely my personal opinion and it is your responsibility to buy or sell.
After breaking the $ 89 range and stabilizing an uptrend, one can hope to record the targets ahead. Also, after failure, we can refer to the formation of a harmonic pattern.
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This analysis is solely my personal opinion and it is your responsibility to buy or sell.
In case of further fall and break of the $ 37,000 support range, we can expect further fall to the range of 61.8% in the first phase and 78.6% in the second phase.
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This analysis is solely my personal opinion and it is your responsibility to buy or sell.