Loss of supports after multiple daily rejections from EMA resistance.
We are following through with the bear breaks from a couple weeks ago, after lots of sideways trading.
There is a lack of support in this range for most names, as we look down to the lows.
Names like ETH are getting hit much harder than BTC the last 12+ hours.
short term oversold bounces look to hourly EMA resistance, then 4 hour, then daily... remember the "zoom out" game.
Aggressive bulls are looking for quick oversold scalp flips, Bears are very comfortable with market weakness.
Remember, if playing bullish against all trends on all time frames... odds are against you!
We are following through with the bear breaks from a couple weeks ago, after lots of sideways trading.
There is a lack of support in this range for most names, as we look down to the lows.
Names like ETH are getting hit much harder than BTC the last 12+ hours.
short term oversold bounces look to hourly EMA resistance, then 4 hour, then daily... remember the "zoom out" game.
Aggressive bulls are looking for quick oversold scalp flips, Bears are very comfortable with market weakness.
Remember, if playing bullish against all trends on all time frames... odds are against you!
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
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这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。
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
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。