Either it bounces up again, somewhere in between $9.4k and $10k or it crashes ... what else to say?
so, all we can do is wait ... if it were to break below $9k; short, if not ... especially if it goes sideways for a couple of days ... it's a buy ... although that's a bit harder to guess, as technically it needs to break the previous high of $13.xk, but if it breaks below $9.4k, and definitely $9k ... we can easily see $7k before we see another bounce up.
but right now ... we just need to wait a bit more ... because it's in one of those zones where it really could go either way.
you might as well just flip a coin
so ... if you're as bored as I am, please comment ;-)
so, all we can do is wait ... if it were to break below $9k; short, if not ... especially if it goes sideways for a couple of days ... it's a buy ... although that's a bit harder to guess, as technically it needs to break the previous high of $13.xk, but if it breaks below $9.4k, and definitely $9k ... we can easily see $7k before we see another bounce up.
but right now ... we just need to wait a bit more ... because it's in one of those zones where it really could go either way.
you might as well just flip a coin
so ... if you're as bored as I am, please comment ;-)
Note
so ... it did bounce a bit, but not enough, so now we're going for the correction ... $6k is within reach ... this could get interestingthis could give us the final confirmation that we need to spark the real bull run ...
Note
told ya
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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.