So, from the last update accummulation has failed and (c) scenario happened. What's now?
Too many scenarios from this side (a,b,c,d) you can see on the chart. In two words the main resistance is located at 17 000 and we have a strong support at 15 600.
I'm already in longs. The green circles would be my additional entry points. Would look for this arguments:
1) Volatility decrease
2) Accumulations
3) 17 000 Impulse Break Out
Let's wait for the buyers interest confirmation.
Recommendations:
If you already in long, just hold it and put SL. If you are sitting on the window with a bag of stablecoins, just wait for the right moment (1,2,3).
Too many scenarios from this side (a,b,c,d) you can see on the chart. In two words the main resistance is located at 17 000 and we have a strong support at 15 600.
I'm already in longs. The green circles would be my additional entry points. Would look for this arguments:
1) Volatility decrease
2) Accumulations
3) 17 000 Impulse Break Out
Let's wait for the buyers interest confirmation.
Recommendations:
If you already in long, just hold it and put SL. If you are sitting on the window with a bag of stablecoins, just wait for the right moment (1,2,3).
Trade active
First green circle from support at 16 330 got hit. Let's go
Related publications
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.
Related publications
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.