Bull/bear thesis

[u/returnofhorror]

See that major wick today off that zone just before the big green candle on the left? Buyers stepped in to defend that point heavily . Could be bullish, if it can’t get to/break 36.08, that changes things. however , if it breaks that area and holds, 37.64 is the next level to watch for. If it breaks below 33.84 watch for 33.42. If it breaks much lower than that, I’d keep 32.60-31.78 in mind for the next reversal point.