Possible reversal targets after today
Was just thinking about possible reversal to the upside target if it was to happen today. Nothing confirmed yet and we re still in the downtrend at the moment.
Likely upside target would be 98-99k. Pool of liquidity is forming there as seen on the 3 day time frame, but its still pretty low. About 200millonish. Seen from the 1-2 week time frame its not really a big target still.
But gotta be prepared for anything. That would be the likely target, I really dont see how we can go back to 103k as of now looking at the liquidity. If we couldnt do it then, its highly unlikely to go to 103 now. Some liquidity is forming around the 105range but still pretty low.
As of now 90-91k is the biggest target, over 600 mil in some areas.
Im just thinking for whatever reason the market decides to go up, its not going to be much of a reversal.