Price is still in markdown phase
X line is the major trendline and Y is the internal trendline.
Points A, B, C, D and E are major important lows with the corresponding volume.
Chinkou span line has been making lower - low NB: Indicating price is still in markdown phase.
Kinjun-sen line has moved downward.
New trading range defines $7,395 - $ 12,000, pick from weekly chart.
CONCLUSION : #Target 2 is still intact. #price can be considered to be in markdown phase. #More price actions need to develop before we can consider point F selling climax or bottom and pay close attention to volume when the last low price is tested. #Lower time frame can give clue on how the new phase will evolve.
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.
Price is still in markdown phase
X line is the major trendline and Y is the internal trendline.
Points A, B, C, D and E are major important lows with the corresponding volume.
Chinkou span line has been making lower - low NB: Indicating price is still in markdown phase.
Kinjun-sen line has moved downward.
New trading range defines $7,395 - $ 12,000, pick from weekly chart.
CONCLUSION : #Target 2 is still intact. #price can be considered to be in markdown phase. #More price actions need to develop before we can consider point F selling climax or bottom and pay close attention to volume when the last low price is tested. #Lower time frame can give clue on how the new phase will evolve.