Short term - bearish, long term - bullish
I'm still waiting for 50 likes so I can chat!!
Amateur here, but I still believe that the right play in the near term is to short the market. Signs and attitudes are increasingly bullish everyday, but we continue to reject the resistance ~ 8800. I think we'll see a prolonged drop, and quite possibly bounce off 6000 again before we see the bulls take over. We may not drop that far, if people get antsy to get in. I don't think we'll go lower than 6000.
I know my analysis is lacking but I'm still learning. Please help me get to the level needed to chat! I can't learn more until I can ask the pros questions on their ideas!!
**This post is for thought, not actions. I'm not responsible for anyone trading a noob's ideas and then getting burnt**
Be well, and happy trading!
Amateur here, but I still believe that the right play in the near term is to short the market. Signs and attitudes are increasingly bullish everyday, but we continue to reject the resistance ~ 8800. I think we'll see a prolonged drop, and quite possibly bounce off 6000 again before we see the bulls take over. We may not drop that far, if people get antsy to get in. I don't think we'll go lower than 6000.
I know my analysis is lacking but I'm still learning. Please help me get to the level needed to chat! I can't learn more until I can ask the pros questions on their ideas!!
**This post is for thought, not actions. I'm not responsible for anyone trading a noob's ideas and then getting burnt**
Be well, and happy trading!
כתב ויתור
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.