Why will I be Long?
1. Bull Div taking shape (4 Hour)
2. A completed Elliot wave on the last swing high followed by the current ABC retracement suggests a bounce around ~5.7-5.9k
3. Shorts at 38k at time of publish
Why I think it doesn't bounce here at 6200-6300?
1. Death Cross between 200, 50 MA (4 Hour)
2. RSI rejected at key resistance level
3. Strong rejections at each Fib Level.
Let me know your thoughts :)
1. Bull Div taking shape (4 Hour)
2. A completed Elliot wave on the last swing high followed by the current ABC retracement suggests a bounce around ~5.7-5.9k
3. Shorts at 38k at time of publish
Why I think it doesn't bounce here at 6200-6300?
1. Death Cross between 200, 50 MA (4 Hour)
2. RSI rejected at key resistance level
3. Strong rejections at each Fib Level.
Let me know your thoughts :)
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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.
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.