I said yesterday that i was expecting a price consolidation or price action to the downside before going up again.
But i also said i would never short it because there could be insane volume with huge amount of buyers. It happened.
Right now we have to ask ourselves where will this rally end and what will happen after the end?
There should be some sort of retrace and price action needs to cooldown.
I will look at the chart after the frenzy ends.
But i also said i would never short it because there could be insane volume with huge amount of buyers. It happened.
Right now we have to ask ourselves where will this rally end and what will happen after the end?
There should be some sort of retrace and price action needs to cooldown.
I will look at the chart after the frenzy ends.
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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.