I showed an uptrend channel on the chart
I expect a test of the lower line of this channel, possibly a false channel breakout in order to liquidate the weak hands of margin/futures traders with large leverage. How was it last time
greed and fear index 91-94 (super greed)
Support at 17500 and 16200 (23.6% and 38.2% level fibonacci)
After that, I expect new ATH
Best regards EXCAVO
I expect a test of the lower line of this channel, possibly a false channel breakout in order to liquidate the weak hands of margin/futures traders with large leverage. How was it last time
greed and fear index 91-94 (super greed)
Support at 17500 and 16200 (23.6% and 38.2% level fibonacci)
After that, I expect new ATH
Best regards EXCAVO
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