Yesterday the bulls spent all day building support, seeing higher lows and higher highs, and a 4 hour bull MACD cross.
We then saw a bear attack and a fast dump last night, potentially from the WSJ in the US being very late to the game but reporting on the Chinese exchanges.
We are back to the bears in full control, and the bulls trying to cling to freshly established supports. $4,000 would be next.
We then saw a bear attack and a fast dump last night, potentially from the WSJ in the US being very late to the game but reporting on the Chinese exchanges.
We are back to the bears in full control, and the bulls trying to cling to freshly established supports. $4,000 would be next.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Checkout our full trading resources online chartguys.com
Improve your TA with our free ebooks chartguys.ac-page.com/lp-all-ebooks?utm_source=tradingview&utm_medium=social
Improve your TA with our free ebooks chartguys.ac-page.com/lp-all-ebooks?utm_source=tradingview&utm_medium=social
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.