The 40% drop from the recent high that some traders are expecting would be at the 8300 dollar level, which was the resistance in july last year. Wouldn't be surprised if this happens, since the daily MacD is just crossing bearish.
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.
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.