I am not an expert and this is my first publishing.
This are my opinion, Do Your Own Research and Take your own trading/investment risks.
Do not trade base on this idea!!!
Please check the chart carefully and think on it, based on current World Economics and CBs action against inflation.
If we loose the range between ,weekly, 200 EMA (Blue) & 300 EMA (Grey) we have a resistance around 12000$ and if loose it; it is possible to visit Red Trend Line 7700$-8000$.
The Red Trend Line comes from April 2017, it is very strong support. I expect a touch to this line as a pin point in the weekly time frame.
This are my opinion, Do Your Own Research and Take your own trading/investment risks.
Do not trade base on this idea!!!
Please check the chart carefully and think on it, based on current World Economics and CBs action against inflation.
If we loose the range between ,weekly, 200 EMA (Blue) & 300 EMA (Grey) we have a resistance around 12000$ and if loose it; it is possible to visit Red Trend Line 7700$-8000$.
The Red Trend Line comes from April 2017, it is very strong support. I expect a touch to this line as a pin point in the weekly time frame.