Ok, time to really zoom out. The Money Flow Index (MFI) on the daily has been reset, same as with the Chaikin Money Flow. Last time we had such a reset, we continued with the second leg of this overextended bull run.
I will remain out of leveraged positions, until we have a clear bottom pattern. Trading on LTF is really tricky atm.
Potential mid term targets are $80-85k.
I will remain out of leveraged positions, until we have a clear bottom pattern. Trading on LTF is really tricky atm.
Potential mid term targets are $80-85k.