Still moving along the W pattern, possible resistance around the interception of the dotted red line and green line around 7100 zone. Added blue line, forming possible triangle with candles bouncing within the triangle till squeeze point.
Short term moving average : downtrend rounding and gap closing
RSI : -
Depth Chart : wall around 6000 and mini wall around 6500
Weekly Timeframe : let see if this week candle have the strength to close above the dotted red line
Disclaimer : This is not financial advice, it's all based on my personal biased opinion. Do your own research and put in the amount you can afford to lose.
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