As we said before and we can see price is near major resistance zones.
the red Trendline resistance soon will dump the price to the supports mentioned on the chart and first and second support will easily break and after that real bear market will lead once again and we are looking for targets like 33000$.
DISCLAIMER: ((trade based on your own decision))
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the red Trendline resistance soon will dump the price to the supports mentioned on the chart and first and second support will easily break and after that real bear market will lead once again and we are looking for targets like 33000$.
DISCLAIMER: ((trade based on your own decision))
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Comment:
In lower timeframes we are still waiting for major breakout to the downside.
after breaking this local support on the chart linked below bears will lead:
after breaking this local support on the chart linked below bears will lead:
Trade active:
Red trendline resistance is still valid and we had one sell pressure from there and now we can expect heavy dump.
price now after reject from 53000 is 51000$.
price now after reject from 53000 is 51000$.
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i believe high volume and heavy dump will start after breaking supports like 49500$ or 47700$.
What is your target for this fall or correction or the bear market if it lead again in next days?(comment below)