Right now trading around the 1st key support level. Trend line starting on the 8th feb, the 50% retrace off 25/2 -> 5/3 climb & the 161.8% extension off 1st wave lower. Break of this level will see extended drop to potential range bottom @~$9500 which is the 38.2% fib retrace off entire climb from 6th feb bottom & a previous key pivot range.
Note
Binance API hack & some SEC news about exchanges caused some panic pushing us below trend line. I think the reaction was far too extreme for what happened. See if we can recover the losses
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.