Cannabis-Market Crash ahead or is this the bottom?The Cannabis market is trading at its Pivot Support Level. The analyzed timeframe is strict bearish.
Trading below the lows could initiate a sharp selloff.
buying the actual Level with a stopp near below the lows could be an intteresting idea for my anticyclical risk Lovers
for me the Logical trade would be: trying to catch the breakout --> stoppsell below the lows with a stop near above the entry Level.
the RSI says that the likelihood for an upmove is higher at present