looks like a inverse head and shoulders is forming
allowing for a some accumulation around $161
then some sideways action for the rest of the week
does look like we are at the bottom of an acending triangle -
shorts are down so not expecting any dumping anytime soon -
but stock markets going down can cause people to pull from crypto to recoup losses
HODL don't fall for the bear traps !!!
allowing for a some accumulation around $161
then some sideways action for the rest of the week
does look like we are at the bottom of an acending triangle -
shorts are down so not expecting any dumping anytime soon -
but stock markets going down can cause people to pull from crypto to recoup losses
HODL don't fall for the bear traps !!!
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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.