I see this as a good timing for ending the long positions and start considering short positions.
Possible reach is around up to 7000 and at that point i strongly suggest to take short.
The graph still hasn't found a clear bottom line yet.
There's still lots of enthusiasm to explore the bottoms.
Possible reach is around up to 7000 and at that point i strongly suggest to take short.
The graph still hasn't found a clear bottom line yet.
There's still lots of enthusiasm to explore the bottoms.
Note
Another case can happen.
The buying power seems a bit weak. if the price hits 6450, high chances that it'd go back to 6370ish and then we have to see if the resistance is heavy .
If it's heavy this will go up higher than 6750. if not It'd go under 6300 and will be very bearish.
Note
Now it looks better, getting away from a chance to hit 6450. its a good phenomenon that would bring us to another bump up!Note
Yup the thing happened.
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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.