8.20 Market Overview: Will BMT Break the Resistance and Go Long? Or Wait for a Pullback #Bubblesmaps
$BMT BMT rebounded to 0.07115 after hitting a low of 0.06791, creating a new opening low, but the rebound is again weak; from the market perspective, both the highs and lows are getting lower; if it breaks the resistance and rebounds, it is estimated to be a fleeting moment with no strength to continue; based on market information, it is more appropriate to short at high points.
Wait for BMT to break 0.07115 and fall back to short, with a stop at 0.0723, targets at 0.06994 and 0.06916; on the contrary, if it breaks the previous low and pulls back, go long at 0.06791, with a stop below the previous low, targets at 0.07001 and 0.07115@Bubblemaps.io .
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