I made a clean swing from 6.41-8.40s where I took a lot of my position off the table. Why? Althiugh I have targets of 11.47 9.50 and a few beyond. We had bearish 4 hour divergents. We have been holding up very nicely as we are pausing in the trend, resetting osulaters (Rsi,MACd) allowing profit taking and correcting after a decent move. I am still watchig as I see potential descending triangle forming.
Suppor around 7.72. And reisatnce around 8.68
We don’t know if we will breakout or down so I will watch closely for my next move. If we breakout our target is 9.37. Breakdown is 6.76. We should hold monster support at 7.45 if that does breakdown. It’s following BTC for sure
Suppor around 7.72. And reisatnce around 8.68
We don’t know if we will breakout or down so I will watch closely for my next move. If we breakout our target is 9.37. Breakdown is 6.76. We should hold monster support at 7.45 if that does breakdown. It’s following BTC for sure