Short
Another leg down? Triangle. Target 2400
Huge shadow upward looks like some one build solid short position + on Poloniex you can see solid shadow downward.
There is difference how these 2 shadows was build.
The upward move was made step by step and had a little consolidation above 3200.
The downward move was rapid (1 order fast drop) and only on Poloniex.
By technical analysis you can see Triangle.
May see panic sell and as result test of previous low around 2100.
Will see how it go.
There is difference how these 2 shadows was build.
The upward move was made step by step and had a little consolidation above 3200.
The downward move was rapid (1 order fast drop) and only on Poloniex.
By technical analysis you can see Triangle.
May see panic sell and as result test of previous low around 2100.
Will see how it go.
Trade closed: stop reached
We go up
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.