If it loses the range it is down to 19.5k, if it holds we might see a bounce to the midline . More likeley to break down since RSI is below 50% and no bullish divergences have been formed, in addition there are the gaps below and plenty of inefficiencies in the price action. The range from 19.5k to 22.3k is a transient zone with hardly any volume, they tend to be filled eventually.
Note
did not break down, past the midline, test of the high is in play.
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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.