If this correction is similar to the previous, we could go as low as 36k around March 16.
What do you think? Will this pattern hold? Genuinely interested to hear your thoughts, I'm new to technical analysis.
Thanks!
What do you think? Will this pattern hold? Genuinely interested to hear your thoughts, I'm new to technical analysis.
Thanks!
Note
Absolutely tore through that resistance line lol. Not even close.Note
Alright we've dumped from 52k and the downward resistance line has now become support. Gut tells me we are not done going downwards, but I'm not sure if it'll be a slower descent or if we'll break the newly formed support line. Might be wishful thinking, but it seems like we could actually still hit the low 40s or high 30s.Note
Back below 36k, I am a genius.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.