When an asset rises this fast, it doesn't take the time to build in support. Therefore, the relevant support levels are quite psychological and very far apart. I see 250, 200, and 100 as relative levels.
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From @matisyahu
When an asset rises this fast, it doesn't take the time to build in support. Therefore, the relevant support levels are quite psychological and very far apart. I see 250, 200, and 100 as relative levels.