- Price broke the last high at 21400 with a big impulsive move and then start consolidating in an ascending channel.
- Also we have a daily closure with a huge wick from daily supply zone at 24k.
- We may have a bearish move to the next demand zone at 21k.
- Also we have a daily closure with a huge wick from daily supply zone at 24k.
- We may have a bearish move to the next demand zone at 21k.
Comment:
Price reached minor demand at 23k
Comment:
- Price broke demand zone at 23k.
- Expected to drop down to 21k.
- Expected to drop down to 21k.
Comment:
- Price dropped to support area 21500 forming a descending corrective channel so a small bullish move is expected after bearish weakness at support zone.
- We might have a bullish correction to 22k and wait for a confirmation to short it to 21k.
- We might have a bullish correction to 22k and wait for a confirmation to short it to 21k.
Trade closed: target reached