Ok, so now what?
The failure to break above 
12K and the subsequent sell off weakens the near term bullish case.
The outlook near term is neutral, as long as price remains between 9k and 12k.
If support at 9k fails, a re-test of the lows at 6k is likely as a double top will be in place.
However, the longer term pattern is still bullish since the longer term moving averages are still moving up.
12K and the subsequent sell off weakens the near term bullish case.The outlook near term is neutral, as long as price remains between 9k and 12k.
If support at 9k fails, a re-test of the lows at 6k is likely as a double top will be in place.
However, the longer term pattern is still bullish since the longer term moving averages are still moving up.
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.