High probability of a retest of the breakout.
An interesting buying area for renewed buying is 60–55,000.
This also fits well with the expected buying volume in this area according to the VRVP indicator.
I am staying bearish, as volume has dried up at the moment and we need new liquidity from below to rally strongly again.
An interesting buying area for renewed buying is 60–55,000.
This also fits well with the expected buying volume in this area according to the VRVP indicator.
I am staying bearish, as volume has dried up at the moment and we need new liquidity from below to rally strongly again.
Trade active
Not to forget the upcoming daily death cross which I did not show here in this chart :/ Disclaimer
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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.