It looks as if we could be forming a head and shoulders pattern. If this plays out I think we could drop and bounce off either 33.5K or 32K. I will be placing my orders at around 32.5K.
Please let me know your thoughts.
Looks like there is a potential change in trend given the inverse head and shoulders that looks to be forming.
If it completes, it will test the 52,000 mark. If price breaks through that resistance we could see it go upwards from there.
If price fails to break through this resistance we could see the downward trend continue.
I will be looking to buy at around...