Short
KEY short. Drop in regression band with a possible H&S

Key is dropping. There are 2 possible support levels. Current order book is validating the lower support level for trend reversal
Note
First support reachedNote
It reacheched a support level now (358). It is trying to stop there If support fails, the lowest support it will go down to is 268
Note
Waiting for support confirmationNote
Still crashing.There is a pattern
1 small rise
2 small drop
3 possibly bigger rise
4 crash!
Each episode is approx 7 hours. Killing the traders that believe the bottom is found.
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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.