It has recovered from February Dump. It looks like a broader range but I do not think of it like a range as I dont expect a pandemic like situation again and technically it will be flawed IMO. Normally, we expect the Market Cap to fall from here but I better wait till it get there as Equal chances of trend resumption and reversal.
Market has recovered approximately from Feb-March Dump. All of the chart looks like a Range and considering that Dump for another Leg Down will not be my cup of tea. I respect the probability of resuming the action which was there before Market Dump.
Currently, I am expecting to start a Bear Leg. It can be from Blue Box or from current level till Red Channel Resistance.
Market has recovered approximately from Feb-March Dump. All of the chart looks like a Range and considering that Dump for another Leg Down will not be my cup of tea. I respect the probability of resuming the action which was there before Market Dump.
Currently, I am expecting to start a Bear Leg. It can be from Blue Box or from current level till Red Channel Resistance.
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.