Remember, I posted this view few days ago.
Prices retested exactly the previous breakout (key support) around 170 - 175$.
If this level act as resistance, we could see another dump & lower low! 📉
Prices could move sideway for a while, but:
My initial outlook called for the 130$ level as bottom.
Judging by my weekly & daily view, For now this setup is valid under key resistances.
Daily = Bearish
Weekly = Neutral
At the opposite:
155$ must hold on daily basis to expect a downtrend reversal & breakout📈.
A downtrend breakout would surely lead to a push toward 180$ or even 200$+ 🟩
More infos & data in my charts! #dyor - H1 possible setup
CryptoJobs
Penafian
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
CryptoJobs
Penafian
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
