A tad annoyed I missed the trend line from 2017 on previous posts.
Black line: move toward 11700
Followed by either red or pink option:
Red line: breakout around 11700, then bounce off resistance at 14000
Pink line: Hits resistance at 11700 then bounces off support around 9000, followed by action similar to red line.
Note: The two green trend RSI S&R lines come from the weekly RSI chart:
Overall: Bulls and bears are still fighting it out.
Black line: move toward 11700
Followed by either red or pink option:
Red line: breakout around 11700, then bounce off resistance at 14000
Pink line: Hits resistance at 11700 then bounces off support around 9000, followed by action similar to red line.
Note: The two green trend RSI S&R lines come from the weekly RSI chart:
Overall: Bulls and bears are still fighting it out.