Short

Are we going DOOOOOWN?

Updated

Looks like the pattern from a few weeks ago is happening on a smaller scale

Note

We're just at the $620 resistance, the long volume isn't strong at all though however, so I think we're gonna come crashing down towards $500

Note

Okay, so the downwards channel was wider than I first thought, anyway we're just at/over the top resistance of it now, however the long volume doesn't look strong enough to smash us out of the park (upwards).. but they may come if it continues, including me

I'm thinking the current last few weeks are starting to look like the market bottom in early April, let's hope the same outcome occurs :)

sammc

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.