After trying to support on 0.5fibonacci level, PA is still inside channel, and probably is going to test and bounce near 7K level, where 0.618 is.
Although is an important level, and there's a possibility to be enough to start the bull cycle, TA wise tell us that black trendline needs to be tested confluence with 0.786 fibonacci level, near 5K level, so importante in the past, even in 2017.
Although is an important level, and there's a possibility to be enough to start the bull cycle, TA wise tell us that black trendline needs to be tested confluence with 0.786 fibonacci level, near 5K level, so importante in the past, even in 2017.
Comment:
ADX-DI: Bearish crossover, ADX still indicating sideways
ADX-DI: Bearish crossover, ADX still indicating sideways
MACD crossing zero line