Just my 0.02, based on the 3D with 2 channels marked out. Seems like most experts are saying the level we are at currently is critical but I wonder if we may just touch the top end of the channel (around 52.5k) and depending on how fast it drops there may align with the trend line as well. Mostly posting this so I can come back and see how it played out but thinking if it drops to there a buy in that 52.5k range with a 3-5% stop loss could be sufficient.
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.