Is the ape still alive?
Long position:
There is no special explanation for Long, we just have to consider that we are correcting our big trend📈
Because of this, the drop in volume has decreased
We can take a long position by breaking the channel from above
And the long position is a little safer, high resistance 1.18
Short position:
If it loses the support of 1.013, it can go to the bottom of the channel📉
Also, there is another support space there, so it increases the probability of reaction at that point
😉The important point is that long shadow that I drew a circle around, it actually shows the strength of that area
If you want me to analyze a coin, tell me in the comment🫡
⚠️ Do capital management to survive ⚠️
There is no special explanation for Long, we just have to consider that we are correcting our big trend📈
Because of this, the drop in volume has decreased
We can take a long position by breaking the channel from above
And the long position is a little safer, high resistance 1.18
Short position:
If it loses the support of 1.013, it can go to the bottom of the channel📉
Also, there is another support space there, so it increases the probability of reaction at that point
😉The important point is that long shadow that I drew a circle around, it actually shows the strength of that area
If you want me to analyze a coin, tell me in the comment🫡
⚠️ Do capital management to survive ⚠️
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.