Hello friends! 🍀
Yesterday we discussed the following scenario:
“If we don’t see a move toward the upper boundary of the range at 78,000 in the near term, it would signal weak price action and could lead to a continuation of the correction toward the next marked level at 73,700❌”
Fortunately, we are now seeing movement toward 78,000, which means the 76,000 level has so far acted as solid support and managed to push the price higher.
We continue watching the next move closely, but keep in mind:
🚀 A breakout above 78,000 would most likely confirm continuation toward 82,500 and higher to the previously mentioned targets.
⚰️ A breakdown below 76,000, on the other hand, could open the way for a continuation of the decline toward 73,700.
Peace everyone 🌍
Yesterday we discussed the following scenario:
“If we don’t see a move toward the upper boundary of the range at 78,000 in the near term, it would signal weak price action and could lead to a continuation of the correction toward the next marked level at 73,700❌”
Fortunately, we are now seeing movement toward 78,000, which means the 76,000 level has so far acted as solid support and managed to push the price higher.
We continue watching the next move closely, but keep in mind:
🚀 A breakout above 78,000 would most likely confirm continuation toward 82,500 and higher to the previously mentioned targets.
⚰️ A breakdown below 76,000, on the other hand, could open the way for a continuation of the decline toward 73,700.
Peace everyone 🌍
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.