An unimmaginable ATH of 4493usd and ATL of 749usd, brings it back to a more precise support level of around 857usd.


In the lower time frame, a widely spread complex inverted head and shoulders is visible( two heads)

Consolidation continues at price range between 0.786fib retracement level and 0.618 level.

Breakout likely to take place and hit a high of $1000+

And on the higher time frame, Volume has greatly reduced more sign the down trend is coming to an end.

Technicals suggest tht price is currently holding up to two supports on the red line and on the blue one(864usd and 680usd respectively)

If broken target on the price label.


Disclaimer: The analyst won't be responsible for a loss of fund. Trader should be able to manage risk.





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