I´m not a fan of complicated technical analysis, I only look for simple patterns that have proven themselves over time. I like to "feel" the price.
I see a bearish pennant here and think we can go as low as 4k to 5k range, at which levels will be lots of buyers coming in, including me. I´m not shorting.
That being said, I´m no expert in TA and do this as a hobby.
I see a bearish pennant here and think we can go as low as 4k to 5k range, at which levels will be lots of buyers coming in, including me. I´m not shorting.
That being said, I´m no expert in TA and do this as a hobby.
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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.