Hi Everyone
Currently we are seeing an "either, or" situation. I can't stress this enough - we need to hold the 1.10 zone (range). A close underneath this zone reverses our upward channel.
If we can see buying pressure on lower timeframes around 1.10, the upward channel continues and we'll be back to 1.30 in no time.
I'll keep updating on the lower timeframes.
Thanks for watching,
BlockTechEv
Currently we are seeing an "either, or" situation. I can't stress this enough - we need to hold the 1.10 zone (range). A close underneath this zone reverses our upward channel.
If we can see buying pressure on lower timeframes around 1.10, the upward channel continues and we'll be back to 1.30 in no time.
I'll keep updating on the lower timeframes.
Thanks for watching,
BlockTechEv
Note
Hi Everyone, quick update - if we can close this 1D candle above our support fib zone (1.10) especially towards the upper side around 1.18, we might take another shot at resistance 1.30. Lower tf's are picking up.
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Discord Server
discord.gg/xHJRka3
Cryptocheck Website
thecryptocheck.com
SoftQuant Website
softquant.io
discord.gg/xHJRka3
Cryptocheck Website
thecryptocheck.com
SoftQuant Website
softquant.io
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.