S&P500 CMP 3390
1. Taking support at trendline (Pink marked line)
2. A bounce may expected from here (till Blue marked line)
3. If this support gets broken a downfall may be
seen till 3230 (green marked line)
Note : This idea is only for educational purpose.
Bitcoin's previous swing high was at 13880. For fresh buying it is only recommended when it breaches this level and retests.
Momentum is very strong but if BO comes it might not sustain much as it requires some consolidation to breach such resistance.
Note : This idea is for only educational purpose. Dont make any position based on this analysis.