The setup is looking really bearish against BTC.
Only Long argument would be that the breakout haven't happened with volume.
If I were to take a position, I would put a sell order just below the support in order to avoid going in on a potential fakeout.
Only Long argument would be that the breakout haven't happened with volume.
If I were to take a position, I would put a sell order just below the support in order to avoid going in on a potential fakeout.
Comment:
We are on the support right now. Break it and it's Valhalla...
Comment:
Seems that it was a fae out.
Let's see.
Let's see.
Comment:
Lesson taken.
Analysis non valid.
Analysis non valid.