It's still in bearish trend, though on daily chart touching 200 days moving average.
It's one of the favourites and stable asset to hold, but overbought and overvalued.
I will probably wait for $67.00 to $68.00 range.
P.S: Please note these are my own notes for future reference and by no means trading advise to anyone. Please do your own research before entering into any trade.
It's one of the favourites and stable asset to hold, but overbought and overvalued.
I will probably wait for $67.00 to $68.00 range.
P.S: Please note these are my own notes for future reference and by no means trading advise to anyone. Please do your own research before entering into any trade.