Reasons for open position.
1. Recent pump was unable to close above significant resistance @ $7400.
2. Consolidation significantly below recent high.
This analysis is invalid if a 1hr candle closes above $7400.
1. Recent pump was unable to close above significant resistance @ $7400.
2. Consolidation significantly below recent high.
This analysis is invalid if a 1hr candle closes above $7400.
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.