We haven’t had a meaningful pullback to test support.
There may be a final FOMO push into Halving however stay safe and realize that this thing went up like crazy for many weeks now.
Not financial advice. Just charting ideas.
Note
Better view. S/R levels and trend lines in the chart.
Note
Possible scenarios. Basically sooner or later I expect this to test lower S/R areas and thus find being net short to have better RR currently. Bias could change but for now, this is my thinking.
Note
Another possible scenario. Basically I do not expect this to go much further.
Note
Absolutely nothing has changed. It's a waiting game right now.
Trade active
Huge nuke just now. Funding flipped from + to - like crazy. Could be the start of the correction or a shakeout.
Note
Next levels of importance: $8580, 83xx, 80xx.
Note
Incredible rebound. It's looking more likely that this takes another leg up but we'll see. I'll construct a game plan in another thread soon.
Note
This is looking weak. A little toppy and the 2D has a TD9 on it also. Will check tomorrow on the daily close.
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.