This drop caused by FTX SPOT selling scared the market, but we are totally exhausted at support - this wedge got now filled and it is likely to go for some relief - although won't go as high as expected. Most likely highest will be retest of local tops at $23-$24 k.
Will turn bearish once we reach those levels.
Will turn bearish once we reach those levels.
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.
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.