$NULS, To The Bottom We Go…
Weekly
Looking at our trend timeframe we see price has broke our 30000 support zone and we are now heading towards our 2nd target at 15000. Stochastic RSI showing momentum continues to remain in favor of bears with no signs of slowing down.
Daily
Looking at our pattern timeframe we see price respecting our bearish channel, stochastic rsi not showing any signs of slowing down, a 4hour close above 25000activates our trade, otherwise sitting on our hands until 15000 is reached.
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