In this chart we see the possible break out of the down channel around $11,600. If that happens look for a retrase and rebound at the channel after testing the level at $11,000. Then look to go long at $11,600 TARGET $ 13,600, once it reaches modify trail stop. for posible momentum.
Expecting consolidation between $ 1300 and $ 15000. Once retrace of $ 15 k and recover $13 K look to go long again.
Other possible scenery is retrase to $ 9000 and bounce to break channel.
Expecting consolidation between $ 1300 and $ 15000. Once retrace of $ 15 k and recover $13 K look to go long again.
Other possible scenery is retrase to $ 9000 and bounce to break channel.
Trade active
As expected price went to $ 11.600 and sank to previous resistance at 10.800 k. These will be a good point to go long with close stop lost around $ 9.800
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.