We are still in that consolidation range between $37,200 and $39,500.
A pennant has formed, and there is not much to do here. Be patient. Wait for the breakout on either side of the pennant ($38,500-$41,500 as of writing)
If we break out to the upside, $42,715 is the near term target (Mar 9 high), with $45,000 being the final hurdle.
If we break to the downside, the bottom end of the consolidation range ($37,200) is going to be the near term target. If broken with force, $34,335 is the next stop. (Feb 24th low)
$32,960 is the contract low. (Jan24th)
A pennant has formed, and there is not much to do here. Be patient. Wait for the breakout on either side of the pennant ($38,500-$41,500 as of writing)
If we break out to the upside, $42,715 is the near term target (Mar 9 high), with $45,000 being the final hurdle.
If we break to the downside, the bottom end of the consolidation range ($37,200) is going to be the near term target. If broken with force, $34,335 is the next stop. (Feb 24th low)
$32,960 is the contract low. (Jan24th)
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.