Hi, let's talk about Current market update:
In this week market is pump from 54k to 58.5k without facing any rejection at daily timeframe because we have no resistance on daily timeframe at left hand side as market approachs to Daily resistance which is at 57.9k market didn't able to break it previously 3 daily candles try to break it but not able to overcome from the resistance.As today daily candle is also trying to break it but you see again market falls from that level which is 57.9k .
key points to watchout for!
1. Price didn't able to break its daily resistance which is at 57.9k
2.Previously 3 daily candles which has Buy momentum in them also not able to break it
3.Market sweep all his highs above the resistance
4.Market is making Double top Pattern which is Known as bearishness impact.
5.we have clean range to downside and also have old low liquidity which has to grabbed
This is my analysis Do your own research before any buy or Sell if you find this information helpful like it follow this page for valuable information and updates