From my perspective based on H1 chart last week rebound at US30 probably was dead cat bounce. Bear is taking charge again. My bias is bearish. The risk for short is above senkou b (I marked as risk area on my chart). Probably we might see the possibily to visit below 30k level again. Manage your tradr wisely. 🙏🙏🙏
I like what I see on this asset at this level, though I wish there was more price history to validate support because it just recently "bottomed", but we all know that could go out the window on a significant fundamental move or maybe even another push higher by BTC. Reasons: 1.) I like that it is near bottom of value and definitely in the location where I...
*Not trading advice, entertainment purposes only, DYOR Reasons for a trade: 1.) Putting in market structure at or below 78.6, off fibs from 3 most recent highs. 2.) Has W and working on confirmation of larger W 3.) Moving Average Convergence 4.) Put in market structure after break of 2 significant downward sloping trendlines 5.) Divergence in MACD 6.) Market...