After last week’s crash, the price is now trying to recover.
The key level for this week is 3,800 — as long as we stay above it, the price remains in an upward correction. A minor break and quick recovery won’t change much, but if the price fails to reclaim 3,800 and breaks 3,645, there’s a high probability of continued decline toward 3,000.
A full recovery will come after breaking 4,390, which would greatly increase the chances of seeing a new ATH.
The key level for this week is 3,800 — as long as we stay above it, the price remains in an upward correction. A minor break and quick recovery won’t change much, but if the price fails to reclaim 3,800 and breaks 3,645, there’s a high probability of continued decline toward 3,000.
A full recovery will come after breaking 4,390, which would greatly increase the chances of seeing a new ATH.
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✅My Telegram
t.me/trading_mura
t.me/trading_mura
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.