Should go into correction now to zone of 0.38 fibonnaci, 38800
where there is big demand and then rally up again
If it breaks 38800 then could fall to 36k level.
Shorts are rising and longs dropped lower then when we hit 42500, sign of profit taking,
I guess a lot of people waited for this area to close positions, people who bought at top and had average around here.
Be careful we could see big drop, trade safely
Not financial advise
where there is big demand and then rally up again
If it breaks 38800 then could fall to 36k level.
Shorts are rising and longs dropped lower then when we hit 42500, sign of profit taking,
I guess a lot of people waited for this area to close positions, people who bought at top and had average around here.
Be careful we could see big drop, trade safely
Not financial advise