Many of the analysts considered the last pattern as a pennant instead of a channel. The disadvantage of considering it as pennant was that buyers were trapped when it looked to have broken upside. But, in true nature ( given by D wave system) it was a channel and we were able to sell right from upper boundary.
Now this being a bearish channel and signs of breakdown, we expect a further crash in compliance with our original idea from ATH zone.
This is not a financial advice.
Now this being a bearish channel and signs of breakdown, we expect a further crash in compliance with our original idea from ATH zone.
This is not a financial advice.
Nota
A correction towards 65k zone being reported by the system. price now 63914Nota
sorry type mistake. a correction towards 67kNota
The analysts who considered the pattern as a pennant must have confirmed the breakdown of the pennant. A correction or retest comes here and then a continuation of the breakdown.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.