Last bottom from June 13th left us with quite amount of bullish candle formations like Morning Stars and Bullish Engulfings on very important intervals from 4h up to 12h (1d looks uncertain currently).
Also all RSI indicators from 2h up to 1d already left oversold values and bottom border of Bollinger Bands for intervals up to 3d are already crossed. I assume that we will not drop lower than right green candle of Morning Star formations on 4h and 6h where I also pointed few more resistances.
Elliot lovers are also able to draw corrective waves on multiple ways from $9.9k level.
Also all RSI indicators from 2h up to 1d already left oversold values and bottom border of Bollinger Bands for intervals up to 3d are already crossed. I assume that we will not drop lower than right green candle of Morning Star formations on 4h and 6h where I also pointed few more resistances.
Elliot lovers are also able to draw corrective waves on multiple ways from $9.9k level.
Note
Almost there, also look at this magic point:Note
Magic point not this time, however we still may cross $9.9k downtrend lineNote
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- discord.gg/HyzyrtnpP3
My Twitter Account: twitter.com/Crypto_Investor
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We are group of mostly Polish traders but welcome everyone to join our Discord crypto&fx group: ChartInsiders.com
- discord.gg/HyzyrtnpP3
My Twitter Account: twitter.com/Crypto_Investor
- discord.gg/HyzyrtnpP3
My Twitter Account: twitter.com/Crypto_Investor
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.