Hi Luc! I already posted one question but here is another one?
https://www.coinigy.com/s/i/5a400b9faba19/
Can I take this as a support? I mean can you treat this as a big bounce and hence call it a support? Does it have to be a V shape bounce?
Also can I take a trade at this position or should I have waited for it to dip down further? Thanks in advance my friend.
The bounce is what we use to classify a base .. So I would call that a base for sure.. but on this char there was already a panic from those 72s down to almost 50s and then back to the 72s.. so that was the trade.. now your working for a panic under the 50s..
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