$ETSY
Added 2023-06-29 22:15:15 +0000 UTCI know a number of people are shorting this so here it is on the 1hr chart and we can see, in addition to the trend being bearish, we can see that the 50 Day is also about to cross the 200 Day MA to the downside and this has proven to be a very useful indicator lately.
As soon as a lower low is made, we will watch for sign sof reversing next, as always, I have this coming down to the blue line which may be the bottom, we don't chase the bottoms, we look for support and signs of reversing next, so this could come sooner then the blue line.
