No-one can really for-see how the bulls or bears mark there entrance or exits. With the assumption that the market is still bullish, the Grey area is where I see it settle for a while and then the bulls will make their move as it gets closer to the ETF announcement date and more positive news out there. ALT coins will just take a back seat and follow BTC tail. Between $7200 to 7500 is where the bounce will come.
Note
At this stage, its 50/50 that it can drop to 6800 which is strong support.Note
fter tonight, if there is a green candle stick (Daily or 2 Days), then its a good time to consider entering again. Its important to see how Saturday progresses (bullish?). If not enough volume as well, then I would lean towards the $6800 as the next entry. If its bullish, $8500 will be tested again.Note
Between $6500 and $6800 is the next support. We have broken the $7300 line with the downwards initiated merging triangle. tradingview.com/chart/TNOqEosy/
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Telegram: t.me/TprospaTradersbot
This community has signals now but with no risk management comms.
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Discord: discord.com/invite/vb4hbP88vb (TradeToProspa)
Telegram: t.me/TprospaTradersbot
This community has signals now but with no risk management comms.
Telegram: t.me/TprospaTradersbot
This community has signals now but with no risk management comms.
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.