Expect a retest of the accumulation neckline (the blue lines) in the upper .20s. This is a condition that was met with precision in the previous two cycles before launch. If it’s like 2020 it could just be quick daily wick. Resistance above this level is paper thin and will be crushed on the ride back up if demand shows up at the neckline.
I don’t know how, I don’t know why. This is not advice to sell. Just a potential target for the late longs or regretful sellers.
I don’t know how, I don’t know why. This is not advice to sell. Just a potential target for the late longs or regretful sellers.
Trade active
God's plan Trade closed: target reached
Trade NOT closed. Nailed it so far. I'm thinking 1/6
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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.