the total market cap moved up in 3 waves, indicative of a corrective move.
we used to hold this green trendline as support, until recently breaking down below it.
we're about to test it right now, failure to get above it will result in another leg down.
this is also why i'm shorting things today; things look corrective from my perspective.
this dip will be for buying though to swing the mean retracement to the upside.
cheers
đź’¸
we used to hold this green trendline as support, until recently breaking down below it.
we're about to test it right now, failure to get above it will result in another leg down.
this is also why i'm shorting things today; things look corrective from my perspective.
this dip will be for buying though to swing the mean retracement to the upside.
cheers
đź’¸
Trade closed manually
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Disclaimer
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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.