Strong Support near $52k. Until then still bearish bias
Confluence of Support:
Flag pole downside target around $52k.
Bottom of parallel channel we should bounce as we have done recently at the bottom of the channel
200 Day moving average around $50k so near the 52K
That said we still have strong bearish momentum. Price is expected to down to $52k.
At that price target we might flip bullish.
Are you bullish or bearish near 52K?
Flag pole downside target around $52k.
Bottom of parallel channel we should bounce as we have done recently at the bottom of the channel
200 Day moving average around $50k so near the 52K
That said we still have strong bearish momentum. Price is expected to down to $52k.
At that price target we might flip bullish.
Are you bullish or bearish near 52K?