Support level being hold ~24h, high volume on the level, 4h RSI below 70
One should entry after the price down breaks local support and bounces back, that gives us level 16080-16100$.
Target prices would be then $16700-1700.
One should entry after the price down breaks local support and bounces back, that gives us level 16080-16100$.
Target prices would be then $16700-1700.
Note
We might now open long, but watch for $16400 level which can act as resistance.Note
Secure our profit and close the position.
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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.