After a new currency was added to one of the major exchanges, a "high-flight-bubble" came on short-term. After that, a phase of relaxation often follows. Here three ideas ...
Let's see what happens. Happy trading. :-)
Note
Be careful with entry or re-entry. We have not seen yet fibo 23.60.
Note
nice move along the lines. ;-) entry or reentry at 23.60 fibo ahead. continue to watch. here a zoom.
Note
it is the lowest line. in the next days i will update the chart.
Note
we reached fibo 23. maybe we saw the bottom. fibo 14 is also possible. be watchful.
Note
profit-taking, than step to the next resistance line (pink). longterm rather sideways.
Entrepreneur · Trader · Investor · Crypto since 2014
Trading experience for over 30 years
-
Also on:
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.