Made my money for the day with this position. Keep an eye on FLUX again. ๐
Feels like itโs setting up for a dump closer to daily candle close
Well, I was wrong about closing the day green. I saw the ugly patterns last night when I woke up, but I did not expect it to drop as hard as it did, and bounce as weak as it did. That being said, we did catch a sweet bounce with KDA on the premium channel. This daily candle is bearish af. Broke support of the MA 50 and then 23.6 fib. If this is indeed just a shake out it did a good job. As you can see from the Fib Retrace the next possible level of support is the 38.2 fib which sits at $54k which is kind of a line in the sand, so to speak. If that support breaks, Winter is coming imho.
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