Look at this chart and this will show you why it pays to be a bear . What took 5months to achieve in its bullish uptrend is now being washed away in half the time.
Looking at the selling pressure on the weekly and I'm willing to wage we're heading back to supply area at around 200$.
This is similar to the selling that we saw with zoom, paypal and Meli.
Weekly was oversold outside its bollinger bands so I would consider the last 2 days a brief reprieve before we head lower
Looking at the selling pressure on the weekly and I'm willing to wage we're heading back to supply area at around 200$.
This is similar to the selling that we saw with zoom, paypal and Meli.
Weekly was oversold outside its bollinger bands so I would consider the last 2 days a brief reprieve before we head lower
