Salaam
After dropping 20% in just 2 days without any retrace, I expect at least a good bounce.
Because no market moves straight up or down without correction.
Here we have a descending channel in BTC (It's Justin Bennett's idea)
and also inverse head and shoulders, wedge, and descending trend line in several coins that I checked.
ADA, LINK, DOT, VET, SOL
They are reversal signs.
Keep calm and manage the risk,
Closing a trade in loss, is one of the hardest tasks in trading!
that only successful traders can do it!
Don't hesitate to close a trade in loss when the market violates your analysis!
The market doesn't go anywhere and there are always many other good opportunities!
Good luck to all!
After dropping 20% in just 2 days without any retrace, I expect at least a good bounce.
Because no market moves straight up or down without correction.
Here we have a descending channel in BTC (It's Justin Bennett's idea)
and also inverse head and shoulders, wedge, and descending trend line in several coins that I checked.
ADA, LINK, DOT, VET, SOL
They are reversal signs.
Keep calm and manage the risk,
Closing a trade in loss, is one of the hardest tasks in trading!
that only successful traders can do it!
Don't hesitate to close a trade in loss when the market violates your analysis!
The market doesn't go anywhere and there are always many other good opportunities!
Good luck to all!
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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.