All depends on the volume at these breakout points.,..
it is respecting this trend line...(pink line)
.
here can be 3 scenarios.
1.(high chance) : 9150$ k aspas se bounce kar sakta hai.. Fibo retracement + Reverse Head and shoulder + Moving Average 200. kaafi sare indicators show ho rhe h.
2. (less chance) : 8000$ k aspas se bounce kar sakta hai.. Pichlla heavy support hai yaha. + MA 300 se support h.
3. (least chance) : 6000$ se bounce... i dont think itna down jayega.
it is respecting this trend line...(pink line)
.
here can be 3 scenarios.
1.(high chance) : 9150$ k aspas se bounce kar sakta hai.. Fibo retracement + Reverse Head and shoulder + Moving Average 200. kaafi sare indicators show ho rhe h.
2. (less chance) : 8000$ k aspas se bounce kar sakta hai.. Pichlla heavy support hai yaha. + MA 300 se support h.
3. (least chance) : 6000$ se bounce... i dont think itna down jayega.
Comment:
Let the candle close above the trend line.
