The chart shows a Bearish Harmonic Pattern (D point completed near $107,000), indicating the recent bullish momentum needs a rest.
We anticipate a short-term pullback following the completion of this pattern.
The target for this drop is the key support area (green box) around $103,000 - $103,500.
OBV also shows Bearish Divergence (price up, indicator down), which strongly supports the idea of a temporary pullback.
Wait for the price to hit the $103,000 support zone.
Look to enter a LONG trade from the $103,000 - $103,500 area for the next major leg up. This is the main opportunity!
Good Luck!
We anticipate a short-term pullback following the completion of this pattern.
The target for this drop is the key support area (green box) around $103,000 - $103,500.
OBV also shows Bearish Divergence (price up, indicator down), which strongly supports the idea of a temporary pullback.
Wait for the price to hit the $103,000 support zone.
Look to enter a LONG trade from the $103,000 - $103,500 area for the next major leg up. This is the main opportunity!
Good Luck!
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Отказ от ответственности
Информация и публикации не предназначены для предоставления и не являются финансовыми, инвестиционными, торговыми или другими видами советов или рекомендаций, предоставленных или одобренных TradingView. Подробнее читайте в Условиях использования.