There were a lot of speculations on the market(Elon's effect, countries crypto bans, etc.) Love to see some market correction. But it does not look like it is over yet. Green lines are the targets, and red ones are the resistances. As long as it continues over the consolidation trend line(RSI), I'm waiting for a new ATH.
There's a huge liquidation on the market. Probably the stock market and DXY will make a correction after the cryptos; the history repeats itself. I'm not so sure about the gold correction; it has already been done once but China prepares to purchase.
Not investment advice. Good luck!
There's a huge liquidation on the market. Probably the stock market and DXY will make a correction after the cryptos; the history repeats itself. I'm not so sure about the gold correction; it has already been done once but China prepares to purchase.
Not investment advice. Good luck!
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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.