Let’s go through today’s analysis.
Today I follow 12h to try to draw a slightly larger picture of what we are now seeing.
trades today about 3% over 200sma, which it has not done since September 2018.
4 times before, it has been traded over 200sma under the bear market, every single time have failed to break out of the pattern. Lets hope it can now 😉
As it looks now, need to really break through the dotted resistance line from the bearflag formation and resistance line on 4130-4150, a test of 4450 arena
would have been healthy.
#Nelling again on 4k if losing support,
#New key arena to watch 3850$
#Panic support 3500$
Published at Sat, 30 Mar 2019 02:41:36 +0000
