Good morning everyone
Well well well, here we are.
What we have been harping on about for the last week AT LEAST, has finally come to light.
I've been eyeing out, these LH high formations since we first saw the first one emerge on the 14th of May, if I do recall seeing sentiment around the space rejoicing for another push to 10k, which unfortunately didn't eventuate.
But in any case, we had been toying with that overall downtrend for a little while on the 4h timeframe, with the break last night, sealing the deal.
My first AOI was 8800, which was respected perfectly, we touched 8800 exactly, on Bitstamp, which proved a decent buying opportunity for the patient.
Right now, I'd expect to move sideways for a little while, let the dust settle on this move, before in my opinion, possibly testing that Demand again. Usually, when we see some buy ups like that, we fall over not long after testing the waters of that level again.
Hopefully everyone has been paying attention, enjoy your day!
Well well well, here we are.
What we have been harping on about for the last week AT LEAST, has finally come to light.
I've been eyeing out, these LH high formations since we first saw the first one emerge on the 14th of May, if I do recall seeing sentiment around the space rejoicing for another push to 10k, which unfortunately didn't eventuate.
But in any case, we had been toying with that overall downtrend for a little while on the 4h timeframe, with the break last night, sealing the deal.
My first AOI was 8800, which was respected perfectly, we touched 8800 exactly, on Bitstamp, which proved a decent buying opportunity for the patient.
Right now, I'd expect to move sideways for a little while, let the dust settle on this move, before in my opinion, possibly testing that Demand again. Usually, when we see some buy ups like that, we fall over not long after testing the waters of that level again.
Hopefully everyone has been paying attention, enjoy your day!
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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.