sometimes the market needs to flush out the optimism before it can move higher
no doubt a seriously large liquidation of accounts
the list of gone
algo and position traders stopped at $42,000 support
algo and position traders stopped at 200 DMA support
algo and position traders stopped at 300 DMA support
leveraged traders, leveraged traders, and more leveraged traders
price clustering/accumulating under the 200 DMA now which make it very hard for methodical traders to take a position
never before seen low on the MACD looks like the bottom is likely to form here
we shall see
not financial advice
no doubt a seriously large liquidation of accounts
the list of gone
algo and position traders stopped at $42,000 support
algo and position traders stopped at 200 DMA support
algo and position traders stopped at 300 DMA support
leveraged traders, leveraged traders, and more leveraged traders
price clustering/accumulating under the 200 DMA now which make it very hard for methodical traders to take a position
never before seen low on the MACD looks like the bottom is likely to form here
we shall see
not financial advice
