HOT is HOT
Wow, this has been crazy...
Now that my uppermost price point has been taken out... where from here?
I’m still looking at it, but it has been following this channel.
We could see 0.030’s then a huge drop to 0.010.
We could see sideways from here before another spike into 0.05.
This will just need time for more data on the path being taken.
But sideways for a while isn't a bad thing.
A break from this channel to the low side would indicate a pro longed sell off.
#profittaking
Now that my uppermost price point has been taken out... where from here?
I’m still looking at it, but it has been following this channel.
We could see 0.030’s then a huge drop to 0.010.
We could see sideways from here before another spike into 0.05.
This will just need time for more data on the path being taken.
But sideways for a while isn't a bad thing.
A break from this channel to the low side would indicate a pro longed sell off.
#profittaking
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.