In 2019 we can either see positive or negative fundamentals that will cause a huge price shift, but as of now through the end of the year it looks like we are headed to a low in the zone between $2500 and $2900. This is a strong support and will likely hold until we get massive price action arising out of significant fundamental change.
For day traders, don't go...
As you can see there is huge technical support at the current price. The EMA (144), the Trend line, and the daily support pivots. If next week's candle doesn't confirm the new lower trend , then we should be seeing some huge gains very soon.
Strongest form of Technical Analysis is Daily support and Resistance. If this daily candle breaks and then confirms the break with a second candle below the support line, the target will be in the range of $3000 - $4000
What do you guys think?
