H&S failed. My chart still seems to follow in uncharted area.
הערה
I want to make a very clear statement, holding margin positions is now dangerous. Have a read on this article, this happened on Ethereum on GDAX Exchange. The possibility that these sell offs of a mega whale can happen is present for all pairs that are being margin traded. I think this is bad news since the market is is kind of overbought/toppy and other longterm holders might decide to do the same or are scared that even their margin gets liquidated.
At this point in the market I won' t be opening any margin positions anymore. Gains are better but losing all is just terrifying.
הערה
I made this Weekly chart to better understand what the larger time-frame and momentum could be doing. We did create the cup, but if it doesn't break up I'm afraid the Inverse H&S won't be strong enough. Double top could be possibility, but I wont be going for a new ATH this year.
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.