We just broke the rising wedge's support.
Next major close line on the 30min is $11,111. If that isn't sustained, and we close at a lower low, we have more bearish pressure in the market driving prices down.
For trend confirmation, ideally we should see a close below $11,111, and a very nice engulfing candle bounce.
Next major close line on the 30min is $11,111. If that isn't sustained, and we close at a lower low, we have more bearish pressure in the market driving prices down.
For trend confirmation, ideally we should see a close below $11,111, and a very nice engulfing candle bounce.