Unfortunately, the price came back to the descending channel and was not able to take hold above the $9350 level. Therefore, the price is moving to the bearish phase until it re-tests horizontal levels (all mentioned on the chart) or tests descending support.
You can place SHORT orders below the $9350 level, targets are $9967, $8873, $8806. Also, I highly recommend you to read our previous update where we tell main statements about the current market. If we the price fixes above the $9350, we should consider opening LONG, so you know where to place your Stop Loss.
You can place SHORT orders below the $9350 level, targets are $9967, $8873, $8806. Also, I highly recommend you to read our previous update where we tell main statements about the current market. If we the price fixes above the $9350, we should consider opening LONG, so you know where to place your Stop Loss.
Work in the team of Crypto Klondike.
Website:
klondikepro.com/
Public Telegram Channel:
t.me/CryptoKlondike
Join Bybit with us:
goo-gl.su/ibF9Y
Twitter:
twitter.com/Robert_Klondike
Email:
ekstraruto@gmail.com
Website:
klondikepro.com/
Public Telegram Channel:
t.me/CryptoKlondike
Join Bybit with us:
goo-gl.su/ibF9Y
Twitter:
twitter.com/Robert_Klondike
Email:
ekstraruto@gmail.com
The market is very aggressive now. However, the bulls have a clear defence goal and it is a level of 23.6 % fib. at the level of $8967. Therefore, approaching this level, the price will push up.
The local exit into the downward channel did not succeed, so the bullish scenario is now becoming even more relevant.