A break of the 8070 level would increase
the odds of a pullback to a very strong support level around 8000.
The bulls» repeated failure to take out resistance around $ 9,000 has boosted
the odds of a pullback in bitcoin prices, according to the technical charts.
The price chart analysis also points to increased
odds of a pullback.
Bitcoin's repeated failure to take out resistance around $ 9,000 has neutralized the immediate bullish outlook and boosted
the odds of a pullback, according...
Not exact matches
«We no longer believe the
odds are in our favor for the S&P 500 to reach our prior target
of 2,350 by year - end, since history shows that recoveries from
pullbacks / corrections have generally taken about two to four months to materialize,» Craig Johnson, technical market strategist, said in a note.
If the
pullback hasn't happened in about 5 candlesticks, the
odds of it happening at all become lower.
I can't see how UNS will appreciate significantly from here any time soon, and rather think the
odds of it declining are higher... especially with a broader market
pullback.