Yesterday was the first time that I had moved my support and resistance zones in over a week, I just felt that we had quite a strong level of support at $7600. But now as we have broken through the $7600 support and sit at $7535 after breaking through the support line dating back all the way from the 6th Feb which was set at $7592.
It makes me wonder if the downward trend will find support on the red downward trend line if we break this line I can see us coming down to find support at the support line that dates all the way back to 16th of July 2017.
in the short term 4-6 hours I expect us to go have a small bounce back up and in the long term I expect us to test the support level at $7100
It makes me wonder if the downward trend will find support on the red downward trend line if we break this line I can see us coming down to find support at the support line that dates all the way back to 16th of July 2017.
in the short term 4-6 hours I expect us to go have a small bounce back up and in the long term I expect us to test the support level at $7100
Nota
I see us having a bounce soon of about $200 - $300 before coming down more to find support at $7100Penafian
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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.