1D TF - CRITICAL ZONE!!! potentional BIG breakdown to bottom 8k$ in near future !
Hi everyone,
- I would suggest to everyone to be extremly carefull with opening of their positions !!!
We are near to end of IC. Resistance is on !!! EMA100 8905$!!! This is critical support.
-IF bulls fail to hold this line, there is potentional deep fall! How deep depends mostly on near future
situation about cov19 in US and 2nd stimulus from FED.
-Realistically, if we break down under EMA100, I could see easily 8.450/8.250$ today/tommorow. ( 200EMA)
+ looks like indicators are with us : MFI is around 52 looks like moving down , RSI around 48 looks like moving down ,
on Stoch RSI we could have BEAR cross and MACD going down!
-Speculation: IF things go south reall quick, there is a minor possibility about falling back to purple SL (5.250$)
- Information provided is only educational and should not be used to take action in the markets. -