This is a relatively healthy rebound. After breaking through the first resistance, it slowly rose to the second resistance, where it has been tested many times. The current shape is good and there is room for further rise.
Therefore, in the current transaction, it is recommended to take long as an important reference direction, and the target is near the resistance of 86K.
When the price rises to this point, the market is likely to confirm the validity of the area near the 85K support. If the support is confirmed to be valid, the price may rise to 86.8K-88K.
Therefore, in the current transaction, it is recommended to take long as an important reference direction, and the target is near the resistance of 86K.
When the price rises to this point, the market is likely to confirm the validity of the area near the 85K support. If the support is confirmed to be valid, the price may rise to 86.8K-88K.
Trade active
86,000 target achievedTrade closed: target reached
After the long target was completed, the price fell, as expectedNote
Once again a long target was achieved
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Objective market analysis, accurate trading signals, welcome everyone to join and experience the fun of making money
t.me/+3slQbdahSmJmOTE0
t.me/+3slQbdahSmJmOTE0
Related publications
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.