Buying here is most likely fine.
But do not hold and wait for ATHs.
But do not hold and wait for ATHs.
Note
Just a disclaimer. I think we go down and I am short.But, this idea shows how the circled region is a strong bounce zone.
Note
~31400 could also cause a bounce, depends on how market participants react.Trade closed: target reached
Note
Do not buy this, it did bounce but very weak and the attempt to get it back up was absorbed.Note
After rejection things looked bad but now price recovered,
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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.