demand decreasing

21 Eki 2021

A break upside 35700 would be needed to consider price going upside any further.
What I do now expect is some retracement to 34500-35000, considering that demand did slow down and 37500 has been showing being a resilient resistance area in the past.

A break under 35500 showing a signs of character from demand, which is selling becoming stronger, would make me aim at 35200 firs next. Then if supply keep on showing strength breaking under the area I would aim at 34800. More testing of 35700 is possible before this would happen.




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26 Oca 2022

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