Short term analysis showing a break over the down sloping resistance line and subsequent retest of the line.
If the line can now act as support it would suggest a move to next level horizontal resistance at the fibonacci 50% line at 44650ish.
Hope everyone put on a fresh pair of underwear after the recent carnage that was certainly manipulation on multiple fronts. Sucks, but it is what it is.
In this market you have to think like a whale manipulator and try to anticipate their next move. Lower the leverage near highs, exit quick on profit targets. Load up on newb capitulation.
Rinse and repeat.
If the line can now act as support it would suggest a move to next level horizontal resistance at the fibonacci 50% line at 44650ish.
Hope everyone put on a fresh pair of underwear after the recent carnage that was certainly manipulation on multiple fronts. Sucks, but it is what it is.
In this market you have to think like a whale manipulator and try to anticipate their next move. Lower the leverage near highs, exit quick on profit targets. Load up on newb capitulation.
Rinse and repeat.