I've highlighted the Resistance lines in Yellow to make them more visible. We've got support at $37,300 which we could see either a sideways consolidation through the month or create a Head & Shoulders.
Which would cause us to break the $37,300 support line & drop down to the previous low of $30,000 as we head into November.
There is a chance to bounce off of the 50 EMA & break the $48,000 resistance followed by a retest & Bullish momentum.
It's going to be a wild month of September, with the Legislation, Mass Adoption & the NFT space. Once we are able to break out of this Bearish Wedge the whole market is going to Moon, it's just a matter of when?
Which would cause us to break the $37,300 support line & drop down to the previous low of $30,000 as we head into November.
There is a chance to bounce off of the 50 EMA & break the $48,000 resistance followed by a retest & Bullish momentum.
It's going to be a wild month of September, with the Legislation, Mass Adoption & the NFT space. Once we are able to break out of this Bearish Wedge the whole market is going to Moon, it's just a matter of when?
İlgili yayınlar
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.
İlgili yayınlar
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.