1.The first did not have the Bump and Run Reversal Bottom that set the lower high we saw at in June of 2019. This means the way we got to support on the lower limit of the BB and support on the 100W MA looks different.
2. We still need to make some space on the lower limit of the to reduce technical resistance before we go down and having the price action whip around provides a chance for the BB to start to channel downward.
3. In the first we messed around near the 100W for about 3 months. 1 seems to be shorter in duration than 2. Be patient, this may take some time to resolve.
4. Buying the base of the is scary. Buying when we have wicked out the bottom is even scarier. Scared money don't make money though. If you are willing to be patient buying the lower limit of the 3 or 4 st . dev can be a great entry point. The price can still go lower, of course, but you will be pretty close to buying the bottom. It would be very easy to get liquidated if yo do it with margin though.