Is it time to short?!
At the moment, the price is testing two important zones: the horizontal resistance and the channel resistance.
If the resistance level is respected and the next candlestick turns bearish, I believe that we might have the same market behavior as on Jan 8th and Jan 14th.
If you have a different view, please share, I would love to hear your analysis.
If the resistance level is respected and the next candlestick turns bearish, I believe that we might have the same market behavior as on Jan 8th and Jan 14th.
If you have a different view, please share, I would love to hear your analysis.
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