A garley pattern has been negated. The price has broken below the previous low.
I have sustained, but cut, my loss. Roughly 4% loss, i have.
In this event, i think it would be wise to stay out of the market for the present.
Because the price breakes the support level, it may go down further.
I anticipate 330 dollars, or 2000 Yuans, but there is no categorical warrant that it stops there. It is possible that it enters 200's, but that is less likely
Currently i have gone short a small portion of my asset at the price of 2140.
It is not advised to buy just because it has fallen too much.
Thank you.
I have sustained, but cut, my loss. Roughly 4% loss, i have.
In this event, i think it would be wise to stay out of the market for the present.
Because the price breakes the support level, it may go down further.
I anticipate 330 dollars, or 2000 Yuans, but there is no categorical warrant that it stops there. It is possible that it enters 200's, but that is less likely
Currently i have gone short a small portion of my asset at the price of 2140.
It is not advised to buy just because it has fallen too much.
Thank you.