Hello guyzzz!
New week, new market update!
We are still in the same 3-month bullish flag. Adding Elliott Waves and a red rectangle here, if we reach it, will be the best option to open long positions.
Also, it seems like we're trying to retest the resistance line of the flag for the second time. If we don't reach the box, I think I will open a position around $66,000-$67,000 because, according to seasonal analysis, we are really close to the middle of the month, and the breakout can happen soon.
For sure, I suppose the movement will not be very active due to low volumes and the summer season, so be careful, use SL, and follow RM strategy!
Share your market vision in the comments 👇👀
New week, new market update!
We are still in the same 3-month bullish flag. Adding Elliott Waves and a red rectangle here, if we reach it, will be the best option to open long positions.
Also, it seems like we're trying to retest the resistance line of the flag for the second time. If we don't reach the box, I think I will open a position around $66,000-$67,000 because, according to seasonal analysis, we are really close to the middle of the month, and the breakout can happen soon.
For sure, I suppose the movement will not be very active due to low volumes and the summer season, so be careful, use SL, and follow RM strategy!
Share your market vision in the comments 👇👀
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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.