It's very likely based on the volume and lost momentum that Bitcoin could have a slight flash crash down to the $14,900 range.
Takeaways:
-The bullish hype momentum has slowed down, and the longer it takes the bulls to pick it back up, the stronger the bearish case is.
- A second drop seems likely, not more then 500-600 points though, I suspect we'll see the 0.382 around the $14,920 zone, anything excess of that would be somewhat aggressive.
-Not saying to open up shorts here, but consider exiting longs for a better reposition.
Takeaways:
-The bullish hype momentum has slowed down, and the longer it takes the bulls to pick it back up, the stronger the bearish case is.
- A second drop seems likely, not more then 500-600 points though, I suspect we'll see the 0.382 around the $14,920 zone, anything excess of that would be somewhat aggressive.
-Not saying to open up shorts here, but consider exiting longs for a better reposition.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.