We are now almost bottom of our trading zone for aggro trader where I mentioned yesterday (plz don`t forget we are in NO TRADING ZONE for conservative trader)
We are now at the final defense line for bulls

In ichimoku cloud $7,290~$7,200 is the deadline for bulls
If today`s candle end price is below : $7,280
It might be "run away signal" and I will sell every alt coin to BTC or thether

In addition, It is near almost 0.5fib level (if you count $6,125 to $8,506 $7,315 is the exactly 0.5 fib level), and S2 point in pivot point (fibonacci based)
If we hold this level, there is hope to uptrend:

If we break down?
lol see you at the underground!! :D
We are now at the final defense line for bulls
In ichimoku cloud $7,290~$7,200 is the deadline for bulls
If today`s candle end price is below : $7,280
It might be "run away signal" and I will sell every alt coin to BTC or thether
In addition, It is near almost 0.5fib level (if you count $6,125 to $8,506 $7,315 is the exactly 0.5 fib level), and S2 point in pivot point (fibonacci based)
If we hold this level, there is hope to uptrend:
If we break down?
lol see you at the underground!! :D
Note
It looks like we are breaking down one more level, but don`t worry it will be really small wave down, and final bottom will not be lower than $7,100personally I would open long at $7,140
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.
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.