Weekly Time-frame

We have filled the wick of the previous weekly candle. This might mean we can start going down again. Top would be $42,045, $44,000. Awesome Oscillator (AO) is still bearish .

1D Time-frame

AO is bullish! new volume in the positive the most awaited for the bulls. We might see a retest in $44,393 before going down. We are also seeing double bottom at the moment price target at $46,916. We might see some sideways for two days as there is no volume in the weekends.

4H Time-frame

Double bottom in 4h time-frame breakout area in $42,045 before we continue to the upside either we hold the base then pump or get a rejection.

We will discuss more on the possibility on our Live. Stay tune and check with us!

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Disclaimer: Above Technical Analysis is pure educational information, not Investment Advice. The information provided on this post does not constitute investment advice, financial advice, trading advice, or any other sort of advice and you should not treat any of the website’s content as such. Do conduct your own due diligence and consult your financial advisor before making any investment decisions.