Market is at the peak of the upside channel, many should consider collecting their profits or partial profit.
Downside is not confirmed as of yet though upside for this bull cycle looks to be coming to an end around $35K - $40K.
Keep an eye for downside confirmation and avoid getting into any buys here for the long term.
Trade idea purely on technicals, follow at your own risk...
Downside is not confirmed as of yet though upside for this bull cycle looks to be coming to an end around $35K - $40K.
Keep an eye for downside confirmation and avoid getting into any buys here for the long term.
Trade idea purely on technicals, follow at your own risk...
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Full channel/pattern view...
