1) Trading between approx 16000-18000 Range.
2) Currently trading on Trendline Support around 16000.
3) Also, having subsequent RSI support as of now.
4) Flag & Pole pattern formation can be seen. Closure above 18000 approx may trigger a new Bull run (Target approx 29000).
5) M-pattern formation can also be seen. Closure below 16000-15500 may trigger further downtrend (Target approx 13000).
2) Currently trading on Trendline Support around 16000.
3) Also, having subsequent RSI support as of now.
4) Flag & Pole pattern formation can be seen. Closure above 18000 approx may trigger a new Bull run (Target approx 29000).
5) M-pattern formation can also be seen. Closure below 16000-15500 may trigger further downtrend (Target approx 13000).
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.