End of the relief rally after FOMC. Lots of shorts squeeze for the big expiry today. We should see a sharp pullback now. We hit multiple resistances on Russel 2000 on multiple hourly, daily and weekly chart. Current price : 2050, Target is back to 1900. SL 2110 Disclaimer : I have short positions in Russel 2000 as mentioned here. This is not an investment...
Chart explains it all. BEP broke the upward parallel channel and is now heading towards its nearest support around 34 $ Disclaimer: This is not a financial advice. Just my technical analysis for educational purposes. I do not hold any positions in the stock discussed above.
Coinbase has confirmed the breakdown of the bullish channel since BTC's rise from 30k$ levels. We should see a retest of 250$ ish levels before going down again if I'm right. Since COIN is highly correlated to movements in BTC, is it a sign of upcoming downside in BTC too ? Disclaimer : This is not a financial advice. I'm just sharing these charts for...