Current down trend seems to be slowing down. As shown in the chart, price bounced up exactly at 78.6% level. So now it seems that the price is unlikely to reach 6000 level. The low at 78.6% might be the bottom of current down move.
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.
