$TAO has broken below the local horizontal support zone, shifting the short-term structure bearish. As long as $TAO trades below this level, sellers remain in control.
A reclaim of the broken support is needed to invalidate the breakdown. Until then, the bias remains bearish.
🚨 Dear Binancians... STOP scrolling for 10 seconds. This is when legends are made.
Today's market is drowning in fear...
🔻 $SNXX -36.26% 🔻 $DIA -30.51% 🔻 $BTW -30.16%
For most traders, this is a reason to panic.
For experienced traders, this is the moment they wait for.
Every bull market has one thing in common: the biggest winners were accumulated when everyone else was too scared to buy.
The crowd always buys after a 100% pump and sells after a 30% crash. That's why the crowd rarely wins.
Professional traders don't ask, "Why is it crashing?"
They ask, "Is this panic creating an opportunity?"
Markets move in cycles. Fear replaces greed, and greed replaces fear. Those who understand this cycle stay calm while everyone else reacts emotionally.
Remember... today's biggest losers can become tomorrow's strongest recoveries.
The question isn't whether the market is red today. The question is whether you're preparing for the next green wave before everyone else. 👀📉➡️📈🔥
$NASDAQ $NDAQ.US Nasdaq is down 1000 points since the last update. Also has broken below the important support area.
Its just air after this till the 26000 points support. The chart will not be having much to bounce off of till it reaches that support area, and that says a lot given that in less than 36 hours, we will be having the most important interest rate decision in the last 1000 days.
If there's no change, market will translate it positively and there will be a bounce till the highs of the recently broken support, and the chart will accept it as a resistance.
Fakeout yesterday i am afraid. Waiting on $1830 to tap before looking for any longs, so again looking for short scalps to take it down on bounces today as they come