How I think its going to play out.
Note
Longing here at 190 and below, the market will take a while to recover but I don't see it any lower than this again. A bit late but the most important thing is to hold on to your money by not overleveraging. I was on a fair bit of leverage with liquidation at 177. I had no stop, luckily awoke to it dumping and managed to close in time.Note
Whilst now no the time to flip bearish we will need to see a good bounce in the coming weeks for outlook to remain intact, eyes on btc for now.
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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.