$AKE 1 hours, down 15.85%, currently at 0.03025. Two possible scenarios from here:
① It consolidates on lower volume and reclaims the breakdown level → this was probably just a shakeout
② The rebound lacks strength and it falls below the 24h low of 0.0281 → weakness may continue
Personally, I’d wait to judge based on the strength of the first rebound. What’s your reasoning for going long or short?
#AKE
① It consolidates on lower volume and reclaims the breakdown level → this was probably just a shakeout
② The rebound lacks strength and it falls below the 24h low of 0.0281 → weakness may continue
Personally, I’d wait to judge based on the strength of the first rebound. What’s your reasoning for going long or short?
#AKE