$500 is a major price level, currently
turned into resistance after holding as
support for a long time. I'm watching this
area closely to see if we get a bearish reversal
pattern around this level for another short. Or if
strong buying volume comes in and setups up
for a break of $550 with bullish pattern, I'll consider
a long.
turned into resistance after holding as
support for a long time. I'm watching this
area closely to see if we get a bearish reversal
pattern around this level for another short. Or if
strong buying volume comes in and setups up
for a break of $550 with bullish pattern, I'll consider
a long.