Net is currently resting on $83 support. Breaking below $83 would be really bad for bulls as it could reach $65 area.
According to fib extensions, next support levels are $65, $50 and $24.
Currently, it's not showing any signs of bottoming.
Sitting on the side line and waiting for the price to settle.
———————————————————
How to read my charts?
- Matching color trend lines shows the pattern. Sometimes a chart can have multiple patterns. Each pattern will have matching color trend lines.
- The yellow horizontal lines shows support and resistance areas.
- Fib lines also shows support and resistance areas.
- The dotted white lines shows price projection for breakout or breakdown target.
Disclaimer: Do your own DD. Not an investment advice.
According to fib extensions, next support levels are $65, $50 and $24.
Currently, it's not showing any signs of bottoming.
Sitting on the side line and waiting for the price to settle.
———————————————————
How to read my charts?
- Matching color trend lines shows the pattern. Sometimes a chart can have multiple patterns. Each pattern will have matching color trend lines.
- The yellow horizontal lines shows support and resistance areas.
- Fib lines also shows support and resistance areas.
- The dotted white lines shows price projection for breakout or breakdown target.
Disclaimer: Do your own DD. Not an investment advice.
