Scenario 1: We have tried to break resistance at 372 5 times already, it seems the bears are tired. Ichimoku crossing confirms this. We might be making old 372usd resistance our support on a daily. I like this, but I personally prefer wait to see where we close today.
Scenario 2: The we fail to make support at 372, hence we fall and tap for the 5th time old support at 336usd. I foresee the typical face bounce to then drop to 240usd.
Always proceed with caution Do your own research and make money!
Scenario 2: The we fail to make support at 372, hence we fall and tap for the 5th time old support at 336usd. I foresee the typical face bounce to then drop to 240usd.
Always proceed with caution Do your own research and make money!
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