A shot in the dark for predicting the bottom

Diupdate

Taking a potshot at predicting the bottom. Fibonacci extension of previous bottom at 10.7K on 22nd Dec says 5039 . First Trendline says ~5621, second trendline says ~3600-3700 . Watch for strongest ever Green volume bars in 4H/3H/1D charts to confirm investor interest.

Catatan

Some strong buying visible in 1D /3H charts. Instead of pouring in all at once it came gradually. So what's next ? Do we start looking for ATH or a prolonged recovery over next several weeks/months , or it is another bull trap ?
I can't shake off the feeling that 6K was not tested properly. It was way too easy . There could be a another dip to truly test it , may not go all the way to 6K and bounce off earlier with equally strong volumes , or may go slightly below 6K. Keep some cash for that outcome instead of going all in right now

kdboy

Publikasi terkait

Bottom Identification made easy for Noobs and small fish

oleh kdboy

Pernyataan Penyangkalan

Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.