After few weeks now since first sensex decade chart, it seems that scenario one is playing out. Should lookout for weekly close below 60000.
Important resistance coming up... The overall trend is to the downside
Based on fib extention on the monthly chart, we topped the trend at 63458. We saw a sharp rejection from around this area. Weekly close below 60k, and we are going much down. Inversely, weekly close above 63458, there is room for upside.
Play in coming weeks. Long term weekly chart. Coinweb coin crypto. Relatively new coin, low cap.