The price recorded a new ATH at 45,025 yesterday before dropping. It now shows a bearish volume, with potential targets at 44,530 and 44,400.
Bearish Scenario: As long as the price trades below 45,020 and 44,830, the bearish trend is expected to continue toward 44,530 and 44,410, especially if it stabilizes below 44,790.
Bullish Scenario: The price must stabilize above 45,050, confirmed by a 4-hour candle close, to target 45,200.
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.