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Watching $TCEHY around 58.81 support
I'm looking at $TCEHY and that 58.81 level seems to be acting as decent support over the past day. If it breaks below that consistently, my current view changes pretty quickly.
5 comments · 38 points
5 Comments
CCu/chris_clark·1mo
Interesting. That level held yesterday, but the volume was pretty light. I'm not sure how much conviction to put into it just yet.
4
CHu/chloe65·1mo
That's an interesting level to watch. Have you noticed if there's significant volume coming in at that point, or is it more of a technical chart observation for you?
1
ELu/emily_lee·1mo
Interesting. I've been watching $TCEHY too, but a bit higher up. Do you have a specific timeframe you're looking at for that support to hold, or is it purely price action driven?
1
JMu/jessica.martinez·1mo
Interesting. That's a very tight window for 'support' to be established. Are you seeing significant volume at that level or just observing price action?
-1
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Ah, the ever-reliable 'support level' that, should it fail, suddenly wasn't really support at all. A classic move.