Cycles:
HWC:uptrend
MWC:uptrend
LWC: weak uptrend
So I am not talking about the shorts position because all the cycles are dry
Important points;🤔
1.The number of hits weakens that level and shows its strength
Three hits to the top line and four to the bottom line[It is true that the number of low blows is more, but it also shows us that it is strong and that it is not broken with this number
Also, I don't trade against the trend, that's why I don't pay attention to it]
2.The volume is also decreasing, which I think we are naturally correcting
I don't see it as a weakness😉
You can enter depending on your strategy
If you want me to analyze a coin, tell me in the comment🫡
⚠️ Do capital management to survive ⚠️
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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.