4-hourly chart has a continuation pattern, and is a bearish continuation channel.
The stoch RSI is negative and we have cloud resistance @ 31,000 (rounded).
Strategy is sell current $ 29,800-30,250 and place stop-loss $ 31,200. for now.
Profit objective $ 25,750 for now.
The stoch RSI is negative and we have cloud resistance @ 31,000 (rounded).
Strategy is sell current $ 29,800-30,250 and place stop-loss $ 31,200. for now.
Profit objective $ 25,750 for now.
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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.