Current correction going on as expected BUT more aggressively than expected.
Chances are now in for a possible retest of 45k and new lows at 25k due to ongoing gaps visible on BAKKT and CME.
The 25k range is also confluent with Monthly average of November and a relative 50% between the high/low during that period of time.
Here's what I think might happen. (but its irrelevant. We should evolve with the market)
Chances are now in for a possible retest of 45k and new lows at 25k due to ongoing gaps visible on BAKKT and CME.
The 25k range is also confluent with Monthly average of November and a relative 50% between the high/low during that period of time.
Here's what I think might happen. (but its irrelevant. We should evolve with the market)
D7R
Related publications
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.
D7R
Related publications
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.