Hi everyone
price is moving neutral and has formed a symmetrical triangle.
so more consolidation in short term is expected. and both side still possible
based on our condition we can have 2 possibilities:
-price will close below our support level 18560$ and drop to our main demand
area between 17150$ & 16200$.... more drop possible too
- or price will close above the resistant level 20400$ and rise to our main supply
area between 22650$ & 23700$.
you can share your view and charts here.... what do you think?
Enjoy the market
price is moving neutral and has formed a symmetrical triangle.
so more consolidation in short term is expected. and both side still possible
based on our condition we can have 2 possibilities:
-price will close below our support level 18560$ and drop to our main demand
area between 17150$ & 16200$.... more drop possible too
- or price will close above the resistant level 20400$ and rise to our main supply
area between 22650$ & 23700$.
you can share your view and charts here.... what do you think?
Enjoy the market
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