I'm still now to charting so don't take my word for it.
We can see the trend line coming down from 20k which is acting as a strong resistance.
Even if we try to break above $7,900 range and bounce upwards it'll still hit the trend line and possibly come down again.
The overall view on weekly still looks bearish.
Trade with caution.
We can see the trend line coming down from 20k which is acting as a strong resistance.
Even if we try to break above $7,900 range and bounce upwards it'll still hit the trend line and possibly come down again.
The overall view on weekly still looks bearish.
Trade with caution.
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