Technical | Fundamental | Emotional | Data

Market moves on Zig-Zag

Those who think it will keep going lower straight without retracement they are wrong (Sideway is possible)

Fundamental :
-Coinbase Sells (SilkRoad BTC Dumping)
-Tax
-KuCoin Fud
-Binance Fud

FUNDAMENTAL = Bearish (But things can change quickly)

Technical :

Retracement :
20,800

Resistance :
21,400

Support :
19,000

Emotional :
-Market is full of fear and the majority is bearish
-Panic
-Bias

Data :
-Huge liquidity at 18K
-90% Longs Liquidated
-Interests are negative

Keep an Eye :
-March 14th (Tuesday) CPI
-Mtgox BTC (April)
-ES / SPX