Good Mornings Traders,
As many will know i have been calling for a strong correction for a number of weeks with this looking like Tulip Mania 2.0
The question is, is this just a simple correction in price action or the longer term fall of bitcoin?
Should we break the Daily 50EMA i see further downside and a potential retest of the Daily 200EMA at roughly $7000
How do you see this pullback?
Tom Hall
As many will know i have been calling for a strong correction for a number of weeks with this looking like Tulip Mania 2.0
The question is, is this just a simple correction in price action or the longer term fall of bitcoin?
Should we break the Daily 50EMA i see further downside and a potential retest of the Daily 200EMA at roughly $7000
How do you see this pullback?
Tom Hall
Kommentera:
Kommentera:
Will key $5,850 structure support hold?
Regardless of the direction price decides to break, there is a trading opportunity.
Regardless of the direction price decides to break, there is a trading opportunity.
Some great comments & information below from traders :-)