Hi All,
Unfortanetely we are in now bear trend. For changing trend, firstly we have to close one daily candle above the channel.Nowadays it is 58k levels. (for long term)
In short team we can see 5 daily red candles, and below the falling channel. And also daily rsi is 25-30 levels. I think we can see a correction of falling. We can touch 42-44k levels if break we can wait 49k for short term.
To say bear market is over. we have to close one daily candle above the 49-50k levels. But the most important level is breaking the falling channel.
DYOR. It is not financial advise. It is just my opinion.
Unfortanetely we are in now bear trend. For changing trend, firstly we have to close one daily candle above the channel.Nowadays it is 58k levels. (for long term)
In short team we can see 5 daily red candles, and below the falling channel. And also daily rsi is 25-30 levels. I think we can see a correction of falling. We can touch 42-44k levels if break we can wait 49k for short term.
To say bear market is over. we have to close one daily candle above the 49-50k levels. But the most important level is breaking the falling channel.
DYOR. It is not financial advise. It is just my opinion.