It looks like a double bottom from daily chart. Neckline is around 1345 to 1350.
2022 yearly downtrend channel has been breakup.
FTX downtrend line breakup, too.
Market is circle around neckline, and waiting for bear to dump.
If dumping not strong enough, then the bull will try to challenge the neckline and break it up to challenge another key resistance level: said 1366 to 1390 region.
Trading volume enlarged will be expected.
Personal record only, not a trading advice. Market is alwayas in risk, risk management is very importance in trading.
2022 yearly downtrend channel has been breakup.
FTX downtrend line breakup, too.
Market is circle around neckline, and waiting for bear to dump.
If dumping not strong enough, then the bull will try to challenge the neckline and break it up to challenge another key resistance level: said 1366 to 1390 region.
Trading volume enlarged will be expected.
Personal record only, not a trading advice. Market is alwayas in risk, risk management is very importance in trading.
Commentaire:
Trade Closed.
