If you day trade, these are the weekly supports and resistances.
The overall chart is Bullish, so I wouldn't try to short. I would try to zoom into shorter time range and buy at supports.
Never try to short in a bull market. Never try to catch the falling knives in a bear market.
I'm personally holding spots until next year. Goodluck everyone.
The overall chart is Bullish, so I wouldn't try to short. I would try to zoom into shorter time range and buy at supports.
Never try to short in a bull market. Never try to catch the falling knives in a bear market.
I'm personally holding spots until next year. Goodluck everyone.
Note
The first resistance was broken pretty easy (orange line)Currently on the top white line. Probably will get broken up tomorrow or so
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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.