Unfortunately, the market is falling down. Let’s hope this is a correction. Here is a possible scenario for the upcoming days.
Technical analysis details: • The price has broken local support at $4000 • $3800 is the next possible stop – this is a bottom of the Ichimoku Cloud • $3680 is most likely - 2nd stop level if we fail to stop at $3800 • Sentiment Zone Oscillator – we prepare to achieve -2 level • Weis Waves – the supply has increased and there is no demand on the horizon.
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