Price Broke Below 200 Daily MA with Potential Downtrend
if it does not exceed above 200MA (blue line) in the next few days, it will confirm the bearish tendency towards Mid 30K
with possible support in the lower parallel channel Line (Orange Line)
If you followed my previous idea, I mentioned the possibility to break below the 200MA
Check idea to confirm my comments
RSI Have enough room to continuing the bearish tendency
NOTE: Price Line Extension (White) is Only a Visual Representation how Price May Move in the Near Future
with Unknown Specific Time Frame Depending on the Speed of the Price and Variables of the market
NFA
PLEASE, DYOR/MYOD!!
Hope to See your Likes 👍 to Support My Work
To Follow All My Ideas, Go to My Profile and Select the Follow Green button 😁
if it does not exceed above 200MA (blue line) in the next few days, it will confirm the bearish tendency towards Mid 30K
with possible support in the lower parallel channel Line (Orange Line)
If you followed my previous idea, I mentioned the possibility to break below the 200MA
Check idea to confirm my comments
RSI Have enough room to continuing the bearish tendency
NOTE: Price Line Extension (White) is Only a Visual Representation how Price May Move in the Near Future
with Unknown Specific Time Frame Depending on the Speed of the Price and Variables of the market
NFA
PLEASE, DYOR/MYOD!!
Hope to See your Likes 👍 to Support My Work
To Follow All My Ideas, Go to My Profile and Select the Follow Green button 😁