Fed added 75bp. The market went as predicted: strong fluctuation killing both shorts and longs and then sliding. Luckily $18175 kept the price from a second downfall.
The current moment is taken by shorts while seeking recovery from $18116.50.
Today the fluctuation dies down, waiting for fund inflow to start another battle around the key price point.
Today the key battleground is at $19529.06 and $18116.50 respectively. Breaking up $19529.06 for 24 hours will the market enter a recovery phase. Breaking down $18116.50 will see another big slide.
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.