Bouncing from a huge correction !
The reverse H&S in our previous chart was invalid and all of the crypto market had a huge correction. Now on H4 TF we see a huge shadow on the red candle and a +22% bounce back from 2.1$ major support that indicated a lot of buyes showed interest in those prices and entered the maarket. High possibility for a rise to 3.4$ level.
P.S: I am not a financial adviser and this Idea is for educational purposes only. Always DYOR.
If you have any comments let me know in the comments and drop a like if you found this idea helpful.
P.S: I am not a financial adviser and this Idea is for educational purposes only. Always DYOR.
If you have any comments let me know in the comments and drop a like if you found this idea helpful.
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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.