Here's what caught my attention: the primary trendline of the NASDAQ is now approaching the lower boundary of the broadening formation, sitting roughly 40% below current price levels.
When support zones this significant come into play, gravity tends to take over. The setup looks precarious—we're either facing a crucial test or a potential breakdown.
Keep your eyes open. Something's brewing here.
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CryptoPunster
· 01-20 23:29
The Nasdaq is about to fall, and my wallet has already lost even earlier. Smiling as I lose this round.
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WalletDetective
· 01-20 23:02
The Nasdaq is about to hit the support level with this move; we need to watch this carefully.
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AllInAlice
· 01-18 02:46
Hmm... a 40% drop potential, who can withstand that?
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TopBuyerBottomSeller
· 01-18 00:09
If the Nasdaq breaks through this line, I'm afraid it's time to run away.
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PhantomHunter
· 01-18 00:06
Down 40%? Come on, gravity is really no joke.
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CryptoNomics
· 01-17 23:59
lol okay but where's your volatility regime analysis? this screams mean reversion if you actually ran the numbers on regime-switching models instead of just... staring at lines
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GateUser-40edb63b
· 01-17 23:55
The Nasdaq's current situation is really quite tense; a 40% decline pressure is looming, and it's no joke.
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PerennialLeek
· 01-17 23:52
If the Nasdaq really breaks this level, the bears will go wild.
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NeonCollector
· 01-17 23:49
40% decline... Oh my, if it really crashes down, it'll be time to cut losses again.
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RugResistant
· 01-17 23:42
ngl this broadening formation pattern is giving me pause... 40% gap to support? that's not just a dip, that's a crater waiting to happen. analyzed thoroughly and the fundamentals don't support another bounce imo 🚩
Here's what caught my attention: the primary trendline of the NASDAQ is now approaching the lower boundary of the broadening formation, sitting roughly 40% below current price levels.
When support zones this significant come into play, gravity tends to take over. The setup looks precarious—we're either facing a crucial test or a potential breakdown.
Keep your eyes open. Something's brewing here.