Updated
A tough road, for the way up, before SW2X.
As you can see the downward trend is getting slowly with the support of the purple track between Fib 50%~61.8%, aslo the technical indicator is showing the bear is out of it's power, so, if we can got a big green candle with large volume, that would be a perfect signal for trend reversal, and I will see if I can find some good chance for long.
The small flags is showing the important resistance during way up, some of them is from the MA, Fib level or early support. So, let's wait and see.
Good Luck.
The small flags is showing the important resistance during way up, some of them is from the MA, Fib level or early support. So, let's wait and see.
Good Luck.
Note
BTCUSD is even stronger, only 23.6% Fib retracement, what the hell...
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Wrong Fib scale, my bad.
Note
Well, at last it choose to move down.
Note
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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.