I'm expecting to go upwards here in this descending channel where we'll hit the resistance at 55k.
If it happens the way I think, I believe many will try to go either short or start selling.
If we drop down, this could have been the dead cat bounce we were expecting (and hoping) and lower prices could be seen.
What's your idea?
If it happens the way I think, I believe many will try to go either short or start selling.
If we drop down, this could have been the dead cat bounce we were expecting (and hoping) and lower prices could be seen.
What's your idea?
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Disclaimer
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.