in the analysis below I have shown two scenarios that I see (the link will be in the description) rejection from 2.2 or continuation of filling all levels up to 3.35.
Since the second scenario happened, I expect a slight cooling to at least 2.7, and if it is risky to short the upward trend, Daily divergence on RSI is displayed and at 4H it is already taking place.
I remain bullish on this coin, but I will certainly try to hedge position
Since the second scenario happened, I expect a slight cooling to at least 2.7, and if it is risky to short the upward trend, Daily divergence on RSI is displayed and at 4H it is already taking place.
I remain bullish on this coin, but I will certainly try to hedge position
Note
Note
Weakness is showing slowly, wait for 4h bearish candlestickNote
TP1, half position until 2.7. return break even if it returnsTrade closed manually
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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.