We had a double top. Then the volume petered out and a dead cat bounce. The VWMA is now acting as cloud, which is healthy during a correction. My target to buy more is $275-$280. That is where I believe we see major volume pour back in.
This is giving me 2016
BTC vibes. It makes sense to ztack and zield as much as you are comfortable with holding through the inevitable bumpy road to price discovery.
This is giving me 2016
BTC vibes. It makes sense to ztack and zield as much as you are comfortable with holding through the inevitable bumpy road to price discovery.
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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.