This is not financial advice, this is just my perspective.
Should have posted this earlier but better late than never.
Looks like a bearish crab formation was forming, bounced back of the fib 1.618 level as it is supposed to.
Look for the next fib levels I marked based of the downtrend in the C-D leg as resistance,
consider your exits around those levels.
Let me know what you think.
Don't forget to follow if you would like to see more alt coin charts in the future. Bless you all.
Should have posted this earlier but better late than never.
Looks like a bearish crab formation was forming, bounced back of the fib 1.618 level as it is supposed to.
Look for the next fib levels I marked based of the downtrend in the C-D leg as resistance,
consider your exits around those levels.
Let me know what you think.
Don't forget to follow if you would like to see more alt coin charts in the future. Bless you all.
Trade closed: target reached
Well that was quick...
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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.