Uptrend expected after correction
Closing the last day with a red candle coincided with breaking the steep slope trend in 4h. As the result of this, I'm waiting for the price to drop to $65 to $70 zone. Any abnormal pin bar or bullish candlestick pattern in the buy zone will trigger my buy signal. Hereby, $248 will be the stop loss, and $320 and $332 will be my 1st and 2nd targets, respectively.
There is another possibility, the price crosses the $300 level without correction and stabilizes there. If it happened, I will update the idea.
The support and resistance levels and pivot points are drawn by the Trend Key Points indicator.
There is another possibility, the price crosses the $300 level without correction and stabilizes there. If it happened, I will update the idea.
The support and resistance levels and pivot points are drawn by the Trend Key Points indicator.
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