Note
Update: As expected, we are currently in the buy zone, remember, we can spend quite some time here, so be patient.A clean reclaim of key pivot would be the bullish trigger.
Note
Update: We just took out the last bybit low, as WIF did back in the $0.18 area.The fractal is still valid, but it needs to start bouncing soon and reclaiming key areas or it'll be invalidated. I'll leave a chart below with some info.
First area of interest is the 4h/12h reclaim.
Second area of interest is the KEY PIVOT.
We'll see
Note
Update:Went a lot lower than expected, but we just showed our first signs of strength by reclaiming bybit's previous all time low.
Any dips now are for buying aiming new highs, but IT'S KEY that we hold the low marked in the chart. If u don't want to enter right now and want to wait for more confirmation, i would wait for a reclaim of the KEY PIVOT. If we reclaim that, you can be almost sure we'll be at new highs soon.
Hope you all survived yesterday's scare!
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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.