might retrace

By JamesKwan

Updated

very strong resistance line, we might need to come down a bit and reload

Note

i will buy in this zone for first bounce area. im still going for long

Note

i've decided to put my buys at these 2 prices, my buy zone

8675 and 9000

good luck

Note

the support line is at $9060, imma put my first buy in at $9080. it will be strong support and i expect it will give a fight

Note

ok so my price got bought at 9080, i did say its going to touch 9060 and since im in binance the lowest buy price was 9061. i put 9080 since it was already near so it dont matter to me if i get the exact price. you never know when the whales will intercept you..

but still we are not saying the danger is over that's why i only bought in with 50% of my capital

another 50% is reserved for the buy price $8720 or trend changes to up

good luck

Note

current situation

break down its bad news, but i hope not...since if we look at weekly its up...but then again always take precaution and put stop losses

Note

i've decided to put my buy price at 8850, my support line states 8820

good luck

Note

worst case the last support would be 84xx, i reckon

Note

your next buy price is 8820 - 8850
it will bounce there, good luck,
after that its 84xx - 8500
if it still goes down, its 7500

Note

the buy zone is 8850 - 9k

Note

there are different prices for different exchanges so sometimes its confusing to calculate which price to buy in so imma put buy zone like always

next buy zone changed to 8700 - 8850

Note

buyzone changed to 8700 - 8900

this is my last write up, im not going to be in front of computer till next week
good luck

Note

im sorry guys, this looks bad to me now

next support i reckon is 76xx-77xx
worst case its gonna be 52xx

good luck

Note

these are the critical prices
8048
7518
6990
6335
5277

good luck peeps. prepare for the worst

Note

im buying at $7700, and if the recovery is not convincing i will sell again and rebuy lower

Note

range for next buy is 75 - 77

good luck

Note

short term critical prices
7873 and 7209

Note

7873 and 7209 - 7366

JamesKwan

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.