TheKing get the Trend
Updated
- i was waiting for a little more confirmations but it seems that this dip created a real trend.
- we can consider a real trend when we have 3 points in the same line ( traditional trading method ).
- You can notice in the graph that this support trend have much more than 3 points.
-i made this analyze very simple and clear, everything is annotated in the graph :
- Green Zone = Good
- Blue Line = Line to break
- Red Zone = Bad
- For now we have to break this blue line to start a new bullish movement
- We have to consider if TheKing dip down under 40k, it will be a very bad sign. (Red Zone)
-----------------------------------------
Targets are unchanged :
- 86k+ (161.8 Fibo)
- 100k (200%)
- 115k+ (261.8%)
-----------------------------------------
Like Always play wisely and don't go all in, wait for breakouts or wait for Dips. Keep juice for both cases.
Happy Tr4Ding !
- we can consider a real trend when we have 3 points in the same line ( traditional trading method ).
- You can notice in the graph that this support trend have much more than 3 points.
-i made this analyze very simple and clear, everything is annotated in the graph :
- Green Zone = Good
- Blue Line = Line to break
- Red Zone = Bad
- For now we have to break this blue line to start a new bullish movement
- We have to consider if TheKing dip down under 40k, it will be a very bad sign. (Red Zone)
-----------------------------------------
Targets are unchanged :
- 86k+ (161.8 Fibo)
- 100k (200%)
- 115k+ (261.8%)
-----------------------------------------
Like Always play wisely and don't go all in, wait for breakouts or wait for Dips. Keep juice for both cases.
Happy Tr4Ding !
Note
older analysis :
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large view :Note
get the move :Note
tic toc..Note
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green = good Note
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