20 SMA - Blue
200 SMA - Pink
What I see:
If Price holds above 56000, demand support should hold.
If price breaks below 56000, current market structure support could be tested @ 53500.
For any reversal confirmation, price must 'BREAK" and "HOLD" above 20 SMA.
I'm neutral, patiently ...
200 SMA - Pink
What I see:
If Price holds above 56000, demand support should hold.
If price breaks below 56000, current market structure support could be tested @ 53500.
For any reversal confirmation, price must 'BREAK" and "HOLD" above 20 SMA.
I'm neutral, patiently ...
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