@aRishisays it also happens to be the 32% fib retracement line a very important level, I could see PCE finding support here or rip through and make new lows its hard to tell, there has been a negative divergence for the past 2 months and only now we see the move occur. Lets see!
@hawkishdude@sheth_nihar With all due disrespect, I obviously include transaction costs in my backtests as well as slippage so nice try being a smart ass. Ive forgotten more about these markets than youll ever learn. Stay in you lane @hawkishdude
@sheth_nihar Obviously cryptocurrencies are not stocks but with the expansion in level of liquidity in the system as shown we can see stocks move up in the near future and the in the money calls would become even more in the money and hence would make more