SNX is about to dig a hole...
The setup is looking really bearish against BTC.
Only Long argument would be that the breakout haven't happened with volume.
If I were to take a position, I would put a sell order just below the support in order to avoid going in on a potential fakeout.
Only Long argument would be that the breakout haven't happened with volume.
If I were to take a position, I would put a sell order just below the support in order to avoid going in on a potential fakeout.
Note
We are on the support right now. Break it and it's Valhalla...Note
Seems that it was a fae out.Let's see.
Note
Lesson taken.Analysis non valid.
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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.