Descending channels usually break to the upside, but keep in mind the bear market. We at a yearly bottom, so it may have a short rebound up or plunge to 3k. Either way, December 16th is when the channel breaks down into 3200.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
