Could also fall into the massive channel to the right but unlikely IMO
Note
Reiteration black zones show places of stability during high volume to create low liquidity during those times. (They recently signed with moneygram which inturn create stability by pumping out payed requests on a large scale at high volume ~same price.
Just a thought
White zones show correlation to over bought over sold areas.
Note
I have a feeling the price is going to tank Relative to the move downwards/ uncharted waters as of lately buy back in at these rates as your risk reward is exponential.
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.