XBTUSD Ugly looking weekly close, and here we are
After months of cosolidation, and many people talking about being eager to buy in this weekly demand block, we've filled the CME futures gap, and chewed out way through most of the demand with little to no reaction off these levels.
By the looks of the close last night, I'm thinking we could see some further downside into the next weekly block below us, somewhere in the mid 6ks should be where we finally see a capitulation wick bounce and reversal.
If we can't get a violent reaction off of the 6ks, GG bulls, it was fun.
By the looks of the close last night, I'm thinking we could see some further downside into the next weekly block below us, somewhere in the mid 6ks should be where we finally see a capitulation wick bounce and reversal.
If we can't get a violent reaction off of the 6ks, GG bulls, it was fun.
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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.