One violent price drop does not exclude a possibility of another one incoming but some recovery is likely. Current situation reminds me a bit previous reversal in late April (in linked ideas). This idea is basically zoom in on my previous analysis (also linked). I have to admit I got caught a bit off guard, what I expected to happen over time span of days or rather weeks happened in hours...
Return to 30k is still possible. Retail investors got seriously scared off.
Return to 30k is still possible. Retail investors got seriously scared off.
Trade closed manually
Well, nope.
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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.