Price is in a bearish correction channel.
And slowly approaches the bottom of the canal.
The closer it looks to the bottom of the channel, the better position to buy.
If the channel breaks up, the price is expected to grow at least as much as the channel width. And reach the $ 12,000 price range.
The above analysis is valid until the bottom of the channel is broken down with force.
And slowly approaches the bottom of the canal.
The closer it looks to the bottom of the channel, the better position to buy.
If the channel breaks up, the price is expected to grow at least as much as the channel width. And reach the $ 12,000 price range.
The above analysis is valid until the bottom of the channel is broken down with force.