Hello traders,
We've now seen a nice rejection from the downtrend that started on June 18th, and confirmed a 3rd validation point and are now just above $34,000.
If this continues we probably see $32,000's within the next 24-72 hours depending on how price action develops, this is also where 10x longs get liquidated and we haven't seen a sell of since June 29th (7+ days)
Sellers seem to be in control and we may have a reversal in play here.
Please like/comment to show your support.
👍
We've now seen a nice rejection from the downtrend that started on June 18th, and confirmed a 3rd validation point and are now just above $34,000.
If this continues we probably see $32,000's within the next 24-72 hours depending on how price action develops, this is also where 10x longs get liquidated and we haven't seen a sell of since June 29th (7+ days)
Sellers seem to be in control and we may have a reversal in play here.
Please like/comment to show your support.
👍