BATMAN ⚡
@CryptosBatman
Big fan and investor of crypto and blockchain.
My tweets are my personal opinions and not financial advice.
Joined October 2017
2.4K Following 89.2K Followers
It took a while, but Nasdaq is playing out the bearish scenario I outlined a month ago.
The roadmap remains. The support level is still quite far, which is unfortunate.
Unlike the S&P 500, Nasdaq is more tech-heavy, meaning this sell-off is driven by AI-related stocks.
A bad signal for $BTC as a risky asset. Heads up.
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From the charts, things are not looking good either.
Nasdaq is forming a clear bearish divergence on the Stochastic in the 3D timeframe.
The problem is, the closest support level sits 12% below.
Not saying a correction is due, but if it does, hope this analysis helps.
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