Remember this in March.
Expect retest level down to $38500 level if the retest is successful and drops below $48500
Always expect market worst conditions when doing trading, dont just always think its going up up up without expecting proper retest.
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Looking at the Williams % channel, it has reached overbought, it might attempt to set another higher high before continuing the reversal pattern down to 50% retest at around the $48k level.
DYOR, as these are my analysis I use, dont take as financial advise.
Looking at the Williams % channel, it has reached overbought, it might attempt to set another higher high before continuing the reversal pattern down to 50% retest at around the $48k level.
DYOR, as these are my analysis I use, dont take as financial advise.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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