Parabolic Support Retest
Hello,
as long this curve holds i think crypto may still be up for another leg to 100k before going back into a Bear market.
i recommend you use stop losses a little below this curve as the bullmarket may already be over.
I will long crypto at curve tho, just in case the leg to 100k is coming.
Green lines is what im eyeing to enter my longs with stop losses like 3-5% below.
In case this works out i advice taking profits regulary as soon we print new ATH´s
In case this support curve breaks we may go down very fast (sub 30k) so be careful and only invest what you can afford to loose. Stop loss is a must at this point in bull phase in my view.
I will post updates in here, as we discover prices the next days/weeks.
Please leave a like and Do your own Research =)
as long this curve holds i think crypto may still be up for another leg to 100k before going back into a Bear market.
i recommend you use stop losses a little below this curve as the bullmarket may already be over.
I will long crypto at curve tho, just in case the leg to 100k is coming.
Green lines is what im eyeing to enter my longs with stop losses like 3-5% below.
In case this works out i advice taking profits regulary as soon we print new ATH´s
In case this support curve breaks we may go down very fast (sub 30k) so be careful and only invest what you can afford to loose. Stop loss is a must at this point in bull phase in my view.
I will post updates in here, as we discover prices the next days/weeks.
Please leave a like and Do your own Research =)
Note
Here´s a close up View of what i think is going on:Note
dependend on how you draw the curve we may already touched it, not sure
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