Presenting 2 scenarios.
Scenario 1 - a straight movement to 49k-53k region would essentially look like a bounce. Good opportunity to fill in for SHORTs.
Scenario 2 - However, a slow grind up to 50k & above levels with Higher Highs & Higher Lows on the way would be tremendous for this bull run to continue from here.
Lets see what plays out
Scenario 1 - a straight movement to 49k-53k region would essentially look like a bounce. Good opportunity to fill in for SHORTs.
Scenario 2 - However, a slow grind up to 50k & above levels with Higher Highs & Higher Lows on the way would be tremendous for this bull run to continue from here.
Lets see what plays out
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Disclaimer
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.