Possible rejection from all time high resistance back down to the lower trend line. Confluence at $4200 price level from the 0.382 fib line and trend.
Yorum:
We could also potentially retrace back down to $3700 on the lower-most trend line, which could really set us up for a chance to break the ATH resistance.
Yorum:
Looks like we could form a wedge between $4700 - $4950 before breaking down.