Hello traders! The flash crash on September 7th scared a lot of investors but as of right now it is not concerning. The critical level to watch out for is 42k, as it acted as a S/R flip and it must hold. If 42k holds then we will test the next resistance region located at 57k. If 42k is broken then we will test 28k support.
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.