Retesting those moving average levels is pretty common in previous bull markets but if we dip and do not hold those levels that would be the absolute worst case scenario.
If we fall below the wedge im laddering bids from 26- 24k because liquidations of overleveraged positions will put alot of selling pressure on the market.
fingers crossed and happy trading!
As always no investment advice
If we fall below the wedge im laddering bids from 26- 24k because liquidations of overleveraged positions will put alot of selling pressure on the market.
fingers crossed and happy trading!
As always no investment advice