At the price of 37110 to 37750, the most important resistances are Yearly and monthly. If these resistances are broken, the price will go up to 40,000, and if they are not broken, the price will fall to the bottom of the Parallel channel. Remember that Trend is our friend and we have to hold his hand and go with it.
Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast
Thank you for seeing idea . Have a nice day and Good luck.
Hi @T_V_TreeTrader , thanks for the chart! I wonder: how did you come up with the resistace zone around 37K? And also: don't you think that it's retesting the current ATH? Meaning: if it breaks through 34700, it will continue to rise. If the resistance holds, it will turn the trend?