It looks like price rebounded since the Chinese gvt said it injected capital in the Chinese financial system and went for the controlled bankruptcy of Evergrande.
Technically it looks we’re now backtesting the support of 44.1K. Let’s hope we can flip this level into support. I’d personally like to see more volume coming in. But we still must be carefully and follow the news closely.
This is my publication #20. Let me know what you think of it and if you have any questions, suggestions, feedback or other inquiries let me know and do not hestitate to send me a message and to leave a comment! I’m also just a trader.
Technically it looks we’re now backtesting the support of 44.1K. Let’s hope we can flip this level into support. I’d personally like to see more volume coming in. But we still must be carefully and follow the news closely.
This is my publication #20. Let me know what you think of it and if you have any questions, suggestions, feedback or other inquiries let me know and do not hestitate to send me a message and to leave a comment! I’m also just a trader.