Range Bound For Now, But Bottom Test is Likely.
Major resistance is currently at ~$410. I would be astounded if that support is taken out anytime soon, or at least before testing the bottom.
I suspect something like a test of 'the bottom', a breach of the 38.2$ retrace, but a fail around $410, a test and fail of the 'the bottom', and fall into the Monster Support zone around $310-$320 (the highs right through 2015, and big support zone in Nov 2015), which will be the real and final bottom.
I suspect something like a test of 'the bottom', a breach of the 38.2$ retrace, but a fail around $410, a test and fail of the 'the bottom', and fall into the Monster Support zone around $310-$320 (the highs right through 2015, and big support zone in Nov 2015), which will be the real and final bottom.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.