ITS LOOKING A LITTLE BEARISH
Yesterdays path still remains we are in bearish flag position right now with expected further movement down. We are just still inside the ascending triangle on the daily.
We may bounce a little a $32.4k although looking like $33.1k is a strong resistance.
My play today is to short to $32.5k with a further target of $32.1k - If that breaks then $31.2k
There is a bullish scenario possible if we can break above $33.2k it could pump quite hard to $34.8k region quite easily.
Watch your longs, here and keep an eye on the channel as there might be a notice that comes out to close any open swings.
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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.