Fibonacci Retreatment 0.786 shows support on $5200.00 that matches with blue dot indicating support levels on the last run up.
Breaking this level we can go down to $4400.00.
The daily small channel indicates short term, if it breaks the channel we might enter bullish trend again until the next fork.
Expecting 1~2 days of down side before the next run up.
Breaking this level we can go down to $4400.00.
The daily small channel indicates short term, if it breaks the channel we might enter bullish trend again until the next fork.
Expecting 1~2 days of down side before the next run up.