Bearish cross of 20-50-200 in daily. Looking at daily and weekly shows a bubble is popped and the price is going to the mean, which is fib 0.618 zone.
Expecting the dead cat bounce to play out, but I don't expect the price to go further up than the red box.
Green box is fib zone which is at 24x zone.
Expecting the dead cat bounce to play out, but I don't expect the price to go further up than the red box.
Green box is fib zone which is at 24x zone.
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