What's coin on guys?
As you can see this fractal is almost at its end. If market decides to finish this fractal, we should expect one more push up very soon.
If fractal fail, we should expect another leg down, and maybe even retest of previous bottom around 3200.
In both cases I have marked some fib targets where the price should go in a short term.
My position is LONG (very short term) for this last push only, with very tight stop loss
As you can see this fractal is almost at its end. If market decides to finish this fractal, we should expect one more push up very soon.
If fractal fail, we should expect another leg down, and maybe even retest of previous bottom around 3200.
In both cases I have marked some fib targets where the price should go in a short term.
My position is LONG (very short term) for this last push only, with very tight stop loss
Note
Update here:
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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.