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 les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.