From this technical point of view (
), the Bulls can't close the price above the pink line ($1825) and then price fell to the $1675 on March 8, 2021, close to my Time Span of March 1, 2021 plus minus 1 week in this technical point of view (
).
If March 1, 2021 is the end of the downward consolidation, then at least the Bulls should be able to close the price above $1765 for at least 3 consecutive weeks (s3.amazonaws.com/tradingview/snapshots/c/cMKFWe49.png) and if the Bulls are able to sustain, it will open the possibility to test the $1855/65.
ooOoo From The Desk Of NewBie ooOoo
If March 1, 2021 is the end of the downward consolidation, then at least the Bulls should be able to close the price above $1765 for at least 3 consecutive weeks (s3.amazonaws.com/tradingview/snapshots/c/cMKFWe49.png) and if the Bulls are able to sustain, it will open the possibility to test the $1855/65.
ooOoo From The Desk Of NewBie ooOoo
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