Despite the sales on Monday morning, the price of was able to hold above $5,100.
Holding the position of this level at the beginning of the week will be the key to the continuing momentum.
Although this seems unlikely at this stage, a breakthrough upwards can lead to the fact that the will quickly move to the price range from $5,500 to $5,700, enticing new buyers to the market.
The keeps rising above zero, but there are signs of a decline, with a lower maximum printed on the bar chart. The begins to return to the levels visible before the breakthrough. A price increase with a decrease in is usually considered a symptom.
Reducing the price impulse will lead to the fact that those who have already made a profit will return to the market with new potential buyers, so it would be reasonable to expect a fairly quick rebound to the level of $5,000.
Published at Tue, 09 Apr 2019 05:26:22 +0000
