It has recovered from February Dump. It looks like a broader range but I do not think of it like a range as I dont expect a pandemic like situation again and technically it will be flawed IMO. Normally, we expect the Market Cap to fall from here but I better wait till it get there as Equal chances of trend resumption and reversal.
Market has recovered approximately from Feb-March Dump. All of the chart looks like a Range and considering that Dump for another Leg Down will not be my cup of tea. I respect the probability of resuming the action which was there before Market Dump.
Currently, I am expecting to start a Bear Leg. It can be from Blue Box or from current level till Red Channel Resistance.
Market has recovered approximately from Feb-March Dump. All of the chart looks like a Range and considering that Dump for another Leg Down will not be my cup of tea. I respect the probability of resuming the action which was there before Market Dump.
Currently, I am expecting to start a Bear Leg. It can be from Blue Box or from current level till Red Channel Resistance.
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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.