I see this as a good timing for ending the long positions and start considering short positions.
Possible reach is around up to 7000 and at that point i strongly suggest to take short.
The graph still hasn't found a clear bottom line yet.
There's still lots of enthusiasm to explore the bottoms.
Possible reach is around up to 7000 and at that point i strongly suggest to take short.
The graph still hasn't found a clear bottom line yet.
There's still lots of enthusiasm to explore the bottoms.
Comment:
Now it looks better, getting away from a chance to hit 6450. its a good phenomenon that would bring us to another bump up!
Comment:
Yup the thing happened.
Yup the thing happened.
Another case can happen.
The buying power seems a bit weak. if the price hits 6450, high chances that it'd go back to 6370ish and then we have to see if the resistance is heavy .
If it's heavy this will go up higher than 6750. if not It'd go under 6300 and will be very bearish.