Hi guys,
We dont know if 38.2% is strong enough to hold in current permabear market, and I would be very careful around that level. Maybe bounce, but I dont honestly know whats going to happen. Much stronger support level is around 50%, and for a short term trade, you could consider laddering some orders around that area.
GL
We dont know if 38.2% is strong enough to hold in current permabear market, and I would be very careful around that level. Maybe bounce, but I dont honestly know whats going to happen. Much stronger support level is around 50%, and for a short term trade, you could consider laddering some orders around that area.
GL
Note
Sorry for that RSI guys, it belongs to a daily timeframe, and we can see that price didnt get a higher high, so the bearsih hidden divergence is stil valid.Note
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Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.