After a long consolidation under the trend line and the downtrend, the price begins to show strength.
Now locally there is a squeeze under the trend line with a possible further breakdown and its retest as support, which would be a great place to take long positions.
The local target of this movement is the liquidity gap between the levels of $2800-$2900, which the price has already tested many times as resistance.
Friends, press the "like" button, write comments and share with your friends - it will be the best THANK YOU!
P.S. Personally, I open an entry if the price shows it according to my strategy. Always do your analysis before making a trade.
Now locally there is a squeeze under the trend line with a possible further breakdown and its retest as support, which would be a great place to take long positions.
The local target of this movement is the liquidity gap between the levels of $2800-$2900, which the price has already tested many times as resistance.
Friends, press the "like" button, write comments and share with your friends - it will be the best THANK YOU!
P.S. Personally, I open an entry if the price shows it according to my strategy. Always do your analysis before making a trade.
📊 Telegram (FREE Indicators in pinned post) 👉 t.me/cryptonite_ua
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.
📊 Telegram (FREE Indicators in pinned post) 👉 t.me/cryptonite_ua
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.