The breakout or breakdown of this pattern is happening sooner than later.
If the crypto market supports the breakout, we will see us reach to the red moon within a week.
I have marked support and resistance(key) levels by purple horizontal lines, the green line is the diamond breakout target.
Green ellipse is the potential buy zone and a close below the diamond bottom line begs to stop loss.
I'd wait for bitcoin dominance to crash a bit before hoping in alt coin longs for now.
Last but not least,
I am not a financial advisor
This is not a financial advice.
Will keep updating unless we get stopped out hard
If the crypto market supports the breakout, we will see us reach to the red moon within a week.
I have marked support and resistance(key) levels by purple horizontal lines, the green line is the diamond breakout target.
Green ellipse is the potential buy zone and a close below the diamond bottom line begs to stop loss.
I'd wait for bitcoin dominance to crash a bit before hoping in alt coin longs for now.
Last but not least,
I am not a financial advisor
This is not a financial advice.
Will keep updating unless we get stopped out hard
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.
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.