Some solid down moves here point to a pause, at minimum. Caught some solid scalps off the 45,000 area but those were day trades thus private. In the larger timeframes, consolidation seems to be the most probable outcome for a bit.
Note
this build without much ups is starting to pointing to an edge lower...Note
49,500 looks like the spot.. if it breaks, restests then break higher we are in the clear.. until then, consolidation and/or downs.
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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.