Pulling out some tool not used so often in the toolbox. The Red Line or the .236 @ 22.9k is the Resistance and the area to short from.
Using a pitchfork we can see the downward slope we are in with the Orange dotted line denoting the current Lowest Low.
If you use a Composite Index Indicator, you're aware of a drop thats going to occur in the coming day(s). How far it goes is yet to know, though i have my readings.
Honestly, I had previously thought that ~15.5k was were the bottom was going to be and i am keeping an eye on that level.
As it's technically still in play as many other have had that assumption too, though I have my suspicions.
Keep your wits about you, and check the weather, CryptoWhether.
Using a pitchfork we can see the downward slope we are in with the Orange dotted line denoting the current Lowest Low.
If you use a Composite Index Indicator, you're aware of a drop thats going to occur in the coming day(s). How far it goes is yet to know, though i have my readings.
Honestly, I had previously thought that ~15.5k was were the bottom was going to be and i am keeping an eye on that level.
As it's technically still in play as many other have had that assumption too, though I have my suspicions.
Keep your wits about you, and check the weather, CryptoWhether.
Nota
FOR THE SAKE OF SIMPlicityNota
UPDATE
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.