12/9 Thursday
Daily: We are still in down trending channel. Last two days created doji candles on small volume indicating continuation of downtrend.
4h: Price broke POC support at 49k on above average volume without any anomalies since Dec 7
2h: Volume visibly rises on red candles indicating strength of the bears
Daily: We are still in down trending channel. Last two days created doji candles on small volume indicating continuation of downtrend.
4h: Price broke POC support at 49k on above average volume without any anomalies since Dec 7
2h: Volume visibly rises on red candles indicating strength of the bears
Trade closed: target reached
Price stayed in the channel as predicted.
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Related publications
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.