13K -> 16K
Updated
Super Oversold here. On 3 out of 4, low-mid charts.
Looks like it will die and never come back.
- 4H 200MA Supporting
- 0.5 Fib from 9K move
- Double Bottom Hourly and & 5m
- Bouncing around 20DMA
- 10,800 previous resistance, now support
- 3D Golden Cross
- 1 Month MACD Bullish Div.
- Folks calling 8.5K - great contrarian.
Great place to add to your longterm positions IMHO
Margin Traders: Buy 10500-10600 : Stop Loss 10,000 : Take Profit 1 - 13.4K Take Profit 2. 16K. All the best.
R:R 1:4 & 1:9
For swing traders. Lev = 3.3x
Looks like it will die and never come back.
- 4H 200MA Supporting
- 0.5 Fib from 9K move
- Double Bottom Hourly and & 5m
- Bouncing around 20DMA
- 10,800 previous resistance, now support
- 3D Golden Cross
- 1 Month MACD Bullish Div.
- Folks calling 8.5K - great contrarian.
Great place to add to your longterm positions IMHO
Margin Traders: Buy 10500-10600 : Stop Loss 10,000 : Take Profit 1 - 13.4K Take Profit 2. 16K. All the best.
R:R 1:4 & 1:9
For swing traders. Lev = 3.3x
Trade active
Comment
If this level (10K) fails as support. Then 8.5K could be back in play. So keep an eye, and make sure you set your stop losses right.Trade closed: stop reached
Nothing like trading.Never miss one of those days when everything that can go wrong, does go wrong.
Go stopped out of this one.
We might be headed back to close the 8.5K gap. Let's see. Sitting on the side-lines until direction is clear.
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