Hi dear traders
I was wrong in the previous trade and this is inevitable.
The price had an unexpected jump.
The resistance area of 23k and 22.8 is suitable for sellers' liquidity.
We expect the price to bounce back from this area to close to the EMA50 around 21.2K.
Let's see what happens
This is not financial advice ( DYOR )
Good luck
I was wrong in the previous trade and this is inevitable.
The price had an unexpected jump.
The resistance area of 23k and 22.8 is suitable for sellers' liquidity.
We expect the price to bounce back from this area to close to the EMA50 around 21.2K.
Let's see what happens
This is not financial advice ( DYOR )
Good luck
Note
Wait until breakout this area. If breakout correctly then price can rise to 25k otherwise this is fake breakout and price go down to support area.
I have not activated the position yet
Note
23k breakout We can open long position until 25Note
Hit 25k 🎯Note
Hi dear traders In Daily timeframe we can see bearish divergence
This is possible secnario
Let's see what happens
Note
If the price pullback to 23k ,29.8k area and hold this area, best time for open long position for spot. I expect this secnario.
All targets specified
Good luck
Note
My first target 23991 hit 🎯Save some profit
Let's see what happens
Trade active
Tp1 24.5 Tp2 24k
Tp3 23.5
Tp4 23k
SL 25.5
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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.
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.