a wombo combo involves teammates using a sequence of powerful attacks to burst down the enemy team before they have a chance to react, a maneuver.
it's we the people vs. the algos.
what's their next plan?
if i had to make an educated guess,
i'd have to say we see a "breakdown" below the trendline that 99% of the market is eyeing.
when everyone and their uncle sees something,
it almost always becomes meaningless.
remember these words;
the majority of the market is always wrong.
---
that being said, i think we see a bit more downside in the days ahead.
(maybe the current bounce goes a tad bit higher, but overall, i bet it comes down one last time to about 34.9k)
it's we the people vs. the algos.
what's their next plan?
if i had to make an educated guess,
i'd have to say we see a "breakdown" below the trendline that 99% of the market is eyeing.
when everyone and their uncle sees something,
it almost always becomes meaningless.
remember these words;
the majority of the market is always wrong.
---
that being said, i think we see a bit more downside in the days ahead.
(maybe the current bounce goes a tad bit higher, but overall, i bet it comes down one last time to about 34.9k)
Note
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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.
i only share a tiny fragment of my ideas on this platform. to view my daily work, join the lunar syndicate 9 👇
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.