Looks bad. Possible drop on the next day timeframe within a short period of the candle change is maybe 40%%. I think it is highly possible the price can come back up to around 22,500 to test the channel top and complete the inverse head and shoulders.
For purposes of a day candle start under the channel and coming back to test, I would thing it is possible to come back up. It looks like it has A LOT of resistance after that ugly price action throughout the day.
Next bounce spot is most likely 17,800 and maybe returning to 20,800 - 21,630 before going back down towards 8-9k.
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.