Using
TOTAL
as a guide for the rest of the market, this is what I'm keeping in mind over the next 2 weeks.
On the weekly timeframe we are currently Under the 200 MA which is right around 1.08T
It's highly Likely we close under that on Sunday.
Next week we will look to find support in the range of 1.024T and ~1T.
To the upside I have set an alert at 1.038T
I don't expect too much price action over the weekend.
But in the coming days watch for the death cross(21 and 200) and potential bearish retest on the Daily timeframe.
Waiting game now.
Keeping in mind Super Moon (Bullish) at the end of this month may signal some bullish price action. If that is the case price should bottom over over the next week or so.
TOTAL
as a guide for the rest of the market, this is what I'm keeping in mind over the next 2 weeks. On the weekly timeframe we are currently Under the 200 MA which is right around 1.08T
It's highly Likely we close under that on Sunday.
Next week we will look to find support in the range of 1.024T and ~1T.
To the upside I have set an alert at 1.038T
I don't expect too much price action over the weekend.
But in the coming days watch for the death cross(21 and 200) and potential bearish retest on the Daily timeframe.
Waiting game now.
Keeping in mind Super Moon (Bullish) at the end of this month may signal some bullish price action. If that is the case price should bottom over over the next week or so.
