These channels are based on best fit of multiple touch points from mid-2017 to the present.
This chart shows where a possible new bottom could form at around 7000 but nothing is certain.
My buy points
o Fib @ 9278 and 9500 resistance
o Resistance at 7800-8000
o Resistance on the light green line
o Intersection of the purple trend line and the recent bottom at 6000
This is not intended as trading advice just a discussion point, please do your own research.
LC
This chart shows where a possible new bottom could form at around 7000 but nothing is certain.
My buy points
o Fib @ 9278 and 9500 resistance
o Resistance at 7800-8000
o Resistance on the light green line
o Intersection of the purple trend line and the recent bottom at 6000
This is not intended as trading advice just a discussion point, please do your own research.
LC