We had a breakout of local trend on 4H and a retest appears to be brewing on the 1H.
Cyclic lines used to forecast timing. TP is merely a guess.
CAUTION: My entrance was rushed and not ideal. To enter this trade you will want to wait for the retest of the local downtrend (pink dotted) to be confirmed. You should also look towards Schaff trend cycle to confirm a new wave is in fulfillment.
The crypto sphere is highly volatile and predictions can never be certain. Do your own due diligence.
Cyclic lines used to forecast timing. TP is merely a guess.
CAUTION: My entrance was rushed and not ideal. To enter this trade you will want to wait for the retest of the local downtrend (pink dotted) to be confirmed. You should also look towards Schaff trend cycle to confirm a new wave is in fulfillment.
The crypto sphere is highly volatile and predictions can never be certain. Do your own due diligence.
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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.
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.