60652 resistance level can hold this down long term. Could ladder up to 61319 final hold level or 60862 could be the final low . This could be the beginning of bear market for Sensex if it breaks the 52804 support level . We might fall more than 20% or even more within 4 to 5 months depending on the volatility of the trader's decision or news spoiling their...
Expecting to create accumulation cycle and is going to break up to weekly distribution trend
on the bottom side weekly trend was hit and held. Long term daily downtrend is distributing. Now weekly uptrend is held and trying to create long term accumulation cycle. Long term target might be 91. But we might once again retest 77 price level which 85 level can hold...
As per the setup it is likely to break a weekly range but testing a higher range might be a Big short for Bitcoin #BTC. Traders don't expect another bull run for a longer accumulation cycle since Bitcoin didn't cycle through enough timeframe to start a longer accumulation cycle.
Expecting to create a 4h hold and accumulation cycle is going to break up to weekly distribution trend
on the bottom side weekly trend was hit and held
long term daily downtrend is distributing. Now weekly uptrend is held and trying to create long term accumulation cycle.
