Price is still bounded with this local support and major resistance zone here and the market is Bullish right now so this range maybe is rest before the upcoming rise and pump.
But as we mentioned before 500$ resistance is an important zone and strong resistance so we may have a breakout to the downside too like red Arrow and the only thing for confirmation of fall is expected is breaking local support of 460$.
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But as we mentioned before 500$ resistance is an important zone and strong resistance so we may have a breakout to the downside too like red Arrow and the only thing for confirmation of fall is expected is breaking local support of 460$.
DISCLAIMER: ((trade based on your own decision ))
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My telegram channel:
t.me/mmbtchannel
VIP Channels:
Forex:+400Pips & Crypto +420% monthly profit at VIP.
check pinned messages in my telegram channel for more info.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.