Is a good long position happening?
Updated
First of all. I believe the general trend will not change for several weeks. This is just a short-term opportunity. (check Related ideas)
I expect the yellow trend line to be broken by tomorrow. The price could rise to around 37.5 K
however, if it is broken from below. A hard fall is likely
I expect the yellow trend line to be broken by tomorrow. The price could rise to around 37.5 K
however, if it is broken from below. A hard fall is likely
Comment
In the triangle that has formed, the bottom trend line is still intact.However, if it is broken from the bottom. Be prepared for a hard fall.
Even though I'm still waiting for my opportunity, depending on the price output at the end of the triangle, I make a long or short position.
Comment
i am still waiting!
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