This is probably a meme but I used the bars pattern from 3.2k up to the last local high and mirrored it.
Good arguments against this are the volume and the fact that bars patterns often are just memes. Besides that if it plays out I'd expect it to go lower than 3.2k.
3k and below area seems to provide decent support if it breaks down and maybe would be an opportunity for a convincing reversal attempt.
Good arguments against this are the volume and the fact that bars patterns often are just memes. Besides that if it plays out I'd expect it to go lower than 3.2k.
3k and below area seems to provide decent support if it breaks down and maybe would be an opportunity for a convincing reversal attempt.
Commento:
already doesn't look right anymore. cmon let me look smart for once or I'm getting a divorce!
Commento:
I think (read: guess) that the 4h chart shows a rising wedge on declining volume so we should probably be good for another drop.
Commento:
that went south real fast, impressive