XBTUSD 4 hr Mex Chart: In search of bottom, yes, still.
A 5k bottom would be somewhat poetic, as breaching the 5k line on the way up was a big hurdle before last year's bullrun. These lower wicks are evidence of some pretty strong buy support at these levels, but not quite enough to turn things around yet[/I]. I could be wrong, and things just consolidate here before they pop off, so I'm not looking for shorts unless there is an obvious LTF top I may try for a scalp, but mostly I am setting low bids that I expect to hit on some wicks.
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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.