Another breakdown incoming soon!
Yesterday move was unable to hold above the OMID line and staying within the 2 descending triangle, which i got marked out in red, from the first descending triangle breakdown from 10k.
We also have a death cross forming on the 20MA -- Day crossing over the 200MA - Day, looking very bearish.
A weekly Close below the OMID of $8190 is a good confirmation going to ORL of S7620/7430 golden pocket zone or even 6700 - 50MA- weekly, 6980 - 20MA - Monthly. This is a BIG buying opportunity don't miss out.
7kish, which would be 50% discount from 13.8k
We also have a death cross forming on the 20MA -- Day crossing over the 200MA - Day, looking very bearish.
A weekly Close below the OMID of $8190 is a good confirmation going to ORL of S7620/7430 golden pocket zone or even 6700 - 50MA- weekly, 6980 - 20MA - Monthly. This is a BIG buying opportunity don't miss out.
7kish, which would be 50% discount from 13.8k
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