Short

4hr break down, potential daily 13% loss

Updated

Sell volume on the 4hr increased and broke down. The area around $34,800 could be where it stops if it continues to drop. We could potentially close the day with a 13% loss.

Trade closed: target reached

Dropped quickly and bounced right off the $34,800 area.

Also on:

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.