1. We have continuation CISD in H1
2. We have price showing its hand by the strong bearish drop >40% therefore longs are ow probability
3. We have price having draws on the H1 and major key levels up to 0.03
Alternative scenario:
As BTC has hit key level 85,000 though (not strong ), an impulsive pullback in BTC can mean a pullback in this pair as well
2. We have price showing its hand by the strong bearish drop >40% therefore longs are ow probability
3. We have price having draws on the H1 and major key levels up to 0.03
Alternative scenario:
As BTC has hit key level 85,000 though (not strong ), an impulsive pullback in BTC can mean a pullback in this pair as well
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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.