yellow line is resistance
Blue line is head and shoulders Neck line on daily timeframe
Red lines are a pennant.
If we can break the yellow resistance line we should have a nice little jump to the upside but not as likely as breaking down and if we Break down below the blue line then the target is $33,000 roughly
Blue line is head and shoulders Neck line on daily timeframe
Red lines are a pennant.
If we can break the yellow resistance line we should have a nice little jump to the upside but not as likely as breaking down and if we Break down below the blue line then the target is $33,000 roughly