Community Message Board
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Chinese Stocks Approaching Resistance
The Hang Seng Index is trading within a resistance zone as well between $21.1k and $22.8k. I would monitor for a break or rejection a $22.8k, and I think it’s a good idea to take some profits here. Chinese stocks have experienced a very bullish rally in a short time. I think Chinese stocks are […]Read More
Crypto Market at Risk of Dropping
Bitcoin is currently trading directly above the white support line around $60.3k. I think today Bitcoin is likely to trade sideways, but once the new daily candle opens at 5 PM PST I think Bitcoin could continue to drop further. This is looking like a dead cat bounce, and I think the $55k price target […]Read More
