How many times do we need to hit support to break through.
Last 4 moves down have hit the 618 perfectly and one to the 786.
She is currently getting squeezed into a corner which I think will break down to the next demand zone/support zone at around 38k.
Following market structure the trend is down until new HH's and HL's.
I'm currently looking for entries to short off the trend line and 50EMA.
Last 4 moves down have hit the 618 perfectly and one to the 786.
She is currently getting squeezed into a corner which I think will break down to the next demand zone/support zone at around 38k.
Following market structure the trend is down until new HH's and HL's.
I'm currently looking for entries to short off the trend line and 50EMA.
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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.