If we see a daily candle close in the yellow neutral-zone area, the 5k scenario becomes more likeley, as the next major trend-line support must then be tested - this would represent a long-term buy opportunity, for the eventual return to 10k levels.
alternatively we could see this support hold at 8k - and a break of the green trend-line resistance would indicate bullish reversal. (this would need to occur within the next 5 days for this to be possible, so we do not have muuch longer to wait.)
i will update this publication as the TA developes.
Best of luck!
alternatively we could see this support hold at 8k - and a break of the green trend-line resistance would indicate bullish reversal. (this would need to occur within the next 5 days for this to be possible, so we do not have muuch longer to wait.)
i will update this publication as the TA developes.
Best of luck!
