This is just an idea! Do not panic. It may be true, it may not be true
Note: It makes perfect sense to react to the Resistance and Support zones and then continue the trend, so if the trend is down, it is logical that exactly the same trend does not happen.
not financial advice.
Note: It makes perfect sense to react to the Resistance and Support zones and then continue the trend, so if the trend is down, it is logical that exactly the same trend does not happen.
not financial advice.
Note
The candles are now stuck at the resistance levelThey also got stuck near the Kijun-Sen(that brown) line, which acts like a resistance
And also in the massive cloud.
On the other hand, the downtrend is not completely broken or stabilized
I think it is a sensitive moment and anything can happen
If it sticks and plays at this level of resistance for a while, I think it will cause the natural growth of altcoins, and if it does not break the resistance, it will cause a slight decrease because the dominance of bitcoins has decreased. If it breaks the resistance, the altcoins are pumped.
Trade closed: stop reached
so bad.
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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.