Hi dear traders
A descending triangle is formed, if the pattern is confirmed, the price can climb to the resistance of 2800$.
In case of return and loss of 2300$ support, the next important support area is 1800$.
Good luck
A descending triangle is formed, if the pattern is confirmed, the price can climb to the resistance of 2800$.
In case of return and loss of 2300$ support, the next important support area is 1800$.
Good luck
Comment:
In these markets, which are mostly due to long positions with high levers to liquidate these positions, everyone opens the position of shorts. So the market trend changes in a state of surprise and the market goes up after a stop in one area. The price went down to about the target in the previous analysis, so be careful.
