Yesterdays chart we were watching the expected tight range of $11,0888-11,585 and potential setup for a small equilibrium. We traded within that range all day and really have traded within a 3.5-4% range for 40 hours now. Volume slows down and really just nothing of interest to traders. We established a lower high yesterday it appears at $11,456 and now this morning dipped down to $11,158. Bulls continue to desperately try and defend $11k so I am now watching this tightening range between $11,158-11,456 with continued expectation that $11k will cave. As always, have a plan for either direction. If bulls can step up and get us back above $11.5k then I'd personally look at some scaled in entries on any consolidation from there.
We were also watching EMA resistance on 4 hour chart and EMA support on daily chart yesterday. Both are still in tact but bulls struggling to hold daily EMA support currently. As this range tightens up, I do expect a break today or tomorrow so will keep a watch on volume as well.
Just My 2 Sats!
We were also watching EMA resistance on 4 hour chart and EMA support on daily chart yesterday. Both are still in tact but bulls struggling to hold daily EMA support currently. As this range tightens up, I do expect a break today or tomorrow so will keep a watch on volume as well.
Just My 2 Sats!
관련 발행물
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해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
