There is a huge chance that $1500 to $2000 drop will occur after weeks of fall
Only scalp long but longterm daily chart short.
Only scalp long but longterm daily chart short.
Trade closed manually
Very strong support at 10870 and very strong resistance from the bears.This tussle needs to be played out like a tapering triangular apex.
Trade active
Short active will close when MACD crashes sufficientlyNote
9952 lowest so far 28.40% fall from 13900Trade active
9750.5 lowest so far 29.85% fall from 13900Trade active
9725 lowest so far 30.03% fall from 13900Trade active
9673 lowest so far 30.41% fall from 13900Trade active
Whatever pump the 4hr will do is not going to be enough to hinder the Daily MACD dump to come.Someone said it this way: The 10000 - 12000 is the new 6000 -8000 range and when the Daily MACD is ready to dump back to zero it will.
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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.