We're currently pushing into resistance(previous support), so an immediate long wouldn't be a good idea BUT if we manage to break through we can play the retrace into that block (green scenario).
If we bounce down right now and make a higher low (yellow scenario), it would also increase the chances of breaking through that resistance.
Upon successful retrace we should be targeting those red highs I've outlined. But one step at a time, first we need to break this resistance.
If we break below the last low we'll have to see how the situation unfolds then.
If we bounce down right now and make a higher low (yellow scenario), it would also increase the chances of breaking through that resistance.
Upon successful retrace we should be targeting those red highs I've outlined. But one step at a time, first we need to break this resistance.
If we break below the last low we'll have to see how the situation unfolds then.
코멘트:
Pooooomp it
코멘트:
It's in the buy zone, let's hope it bounces
코멘트:
Nice pump so far!
If it's done with this move I guess it should find support either on that green level or that block around 0.5 fib.
If it's done with this move I guess it should find support either on that green level or that block around 0.5 fib.
코멘트:
I'd take some profit now since BTC looks like it may dump a little, which usually blows for alts.
코멘트:
That was some nice action yesterday! We're back at the next support which should hold and is good for a new play.
