hherbson

Is this buy signal still valid?

hherbson Updated   
The 46K BEAR barrier so far is holding. If it can break through, it may be a good time to short after it shoots up due to enthusiasm generated, but will likely retrace (even if the trend continues higher) and I would expect a good place to close out the short would be around 46,100. There will be many who would try to keep the price above 46k to form a new short term bottom.
Comment:
It seems to be supporting this signal.
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.