What I warned about has happened!
Daily Market Sync!
What I've mentioned several times in my recent posts has occurred. We are seeing a liquidation of both long and short positions, targeting those who overleveraged.
Unfortunately, such liquidations are more often the rule rather than the exception during consolidation periods. Key support and resistance levels were breached, after which the price returned to a narrow range.
For me, nothing has fundamentally changed. I continue to await a correction in the range of 44 - 49k, where I will start to build a strategic long position with a horizon of several months or more.
What I've mentioned several times in my recent posts has occurred. We are seeing a liquidation of both long and short positions, targeting those who overleveraged.
Unfortunately, such liquidations are more often the rule rather than the exception during consolidation periods. Key support and resistance levels were breached, after which the price returned to a narrow range.
For me, nothing has fundamentally changed. I continue to await a correction in the range of 44 - 49k, where I will start to build a strategic long position with a horizon of several months or more.
About Me and My life
ovalapp.bio/michael
ovalapp.bio/michael
Bài đăng liên quan
Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.