Currently, no significant buying pressure is observed, so we may see a minor rebound, potentially up to the 97K level, before the price breaks below the trendline.
If the price breaks below the lower level, it could indicate a move toward new lows. However, it remains uncertain whether this is a move to create a new low or a retest of the strong rebound area around 94K for support, followed by another rebound. This will depend on the emergence of buying pressure.
If a new low is established, the first target area could be around 89.5K, with a further potential drop to 86K.
To establish a new all-time high, at least a consolidation phase within this range is necessary. However, the most decisive scenario would involve breaking significantly lower before recovering.
At this point, considering either forming a triple-bottom pattern or targeting 89K for short positions appears to be a prudent strategy.
If the price breaks below the lower level, it could indicate a move toward new lows. However, it remains uncertain whether this is a move to create a new low or a retest of the strong rebound area around 94K for support, followed by another rebound. This will depend on the emergence of buying pressure.
If a new low is established, the first target area could be around 89.5K, with a further potential drop to 86K.
To establish a new all-time high, at least a consolidation phase within this range is necessary. However, the most decisive scenario would involve breaking significantly lower before recovering.
At this point, considering either forming a triple-bottom pattern or targeting 89K for short positions appears to be a prudent strategy.
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.