“Cape Mar 26 fell very fast, faster than its January rise. It has fallen to consolidation support at $29,900 from the last months of last year. The big lower shadow is potentially bullish. Prices rejected the lower levels. Although momentum is still strong, the message from this candle is – enough is enough. $20,000 must hold but it is possible the fall is completed for now.”
This week’s Technical Analysis Update is ready to view.
Download here.
Articles
You may also be
interested in
View all
Get in touch
Contact us today to find out how our expert team can support your business