Double Bottom Scenario in Weekly
Hi my people I hope you feeling awesome ..
As you can see this scenario may happen due to market sociological sentiment and risk management strategy for special SHORT holder.
The buy signal for Long holder have been approved the 60 MA above in SPAN B and that means the traders have more greed than 60 days ago.
Short holder may reject price at 53 to 56k for recovery their pocket after about 30% losses market cap.
As you can see this scenario may happen due to market sociological sentiment and risk management strategy for special SHORT holder.
The buy signal for Long holder have been approved the 60 MA above in SPAN B and that means the traders have more greed than 60 days ago.
Short holder may reject price at 53 to 56k for recovery their pocket after about 30% losses market cap.
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