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The broader market is starting to move sideways!
Looking at the previous price action, we can treat the small-scale decline from the previous high as a single move. The current phase is a correction of that decline, so keep an eye on a potential rebound around 83,800!
After the correction ends over the weekend, watch the 80,000 level as support. A break below it could trigger a new wave of declines, with the expected target in the 74,000–75,000 range!
The broader market is starting to move sideways!
Looking at the previous price action, we can treat the small-scale decline from the previous high as a single move. The current phase is a correction of that decline, so keep an eye on a potential rebound around 83,800!
After the correction ends over the weekend, watch the 80,000 level as support. A break below it could trigger a new wave of declines, with the expected target in the 74,000–75,000 range!