Reasons for being cautious:
- Bid wall looks very weak
- Close below the Key Sup
- Distribution pattern gonna complete if it drops from this retouching point
So it's better to position wisely before the drop.
Remember: Market is still uptrend even it touches 50-53k level. So just positioning wisely.
- Bid wall looks very weak
- Close below the Key Sup
- Distribution pattern gonna complete if it drops from this retouching point
So it's better to position wisely before the drop.
Remember: Market is still uptrend even it touches 50-53k level. So just positioning wisely.