We could see a selling pressure at .37, where price reversed and plummeted by almost 40% impacted by the recent market drop.
If we can get some good reaction around .22 to .20 area (local support), there's a chance we retest previous support .26 to .27
However, any rejection we get at this level (.26 to .27) is a short opportunity targeting .16 to .14
If we can get some good reaction around .22 to .20 area (local support), there's a chance we retest previous support .26 to .27
However, any rejection we get at this level (.26 to .27) is a short opportunity targeting .16 to .14
Nota
There we go! We got that shallow bounce from .22, and price got rejected exactly from .27
Failure to hold recent low, we can see it going to .16 or even lower to .12
Nota
Moved exactly as anticipated, dropping to our level of interest .116Tealstreet.io Trade Faster & Trade Easier
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Content in partnership with:
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twitter.com/mooncakexbt
twitter.com/huskyXBT
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.