Here's 3 scenarios.
Best Case : We eventually Retest and close above 42/43k to regain bullish channel trend.
Worse Case: 30k doesn't hold and GG. I've marked key liquidity zones on the chart.
Most likely case: We just keep accumulating/ranging/chopping from 30-42k until the whales/market makers want to do something.
Good luck.
Best Case : We eventually Retest and close above 42/43k to regain bullish channel trend.
Worse Case: 30k doesn't hold and GG. I've marked key liquidity zones on the chart.
Most likely case: We just keep accumulating/ranging/chopping from 30-42k until the whales/market makers want to do something.
Good luck.
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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.
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.