Something to keep in mind. Changing channels.
Updated
This is what I'm seeing as of now. I just want to show anyone following along how I see price action.
What you need to look for now is where we place our Highs and Lows compared to previous channels.
Please take note that this is just an hourly chart, when it begins to look obvious on a daily chart you should feel more confident with the market.
I have been in crypto for 10 years now and 80-90% corrections are nothing that alarms me, so this last 'Crash' is really just a pullback/retest in my mind.
I have only just recently began trying to understand the market in a Micro/Trader perspective. Makes things kind of exciting and also has given me a deeper perspective of the market.
I am no professional, so please don't assume my price predictions are financial advice.
Have a great day, remember to hope for the best yet be prepared for the worst.
What you need to look for now is where we place our Highs and Lows compared to previous channels.
Please take note that this is just an hourly chart, when it begins to look obvious on a daily chart you should feel more confident with the market.
I have been in crypto for 10 years now and 80-90% corrections are nothing that alarms me, so this last 'Crash' is really just a pullback/retest in my mind.
I have only just recently began trying to understand the market in a Micro/Trader perspective. Makes things kind of exciting and also has given me a deeper perspective of the market.
I am no professional, so please don't assume my price predictions are financial advice.
Have a great day, remember to hope for the best yet be prepared for the worst.
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Well thanks to Elon and Floki, price is back within my upwards channel. I have orders below just incase of a retest before the pump. But I'm not going to just wait around for it. Note
Had orders filled here and I have a larger one around 0.00000680Note
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On smaller time frames, like the 4 hour, this upward channel is still holding. 20 Mins until the next candle. Please be keep in mind, The monthly Candle close has another 8 hours. So I expect some pretty large volatility as it approaches.
If you have followed my other post about possible trading techniques, I am letting you know that the EMA's are about to cross to the downside. But this is normal for short term swings. I have a feeling that it will be crossing back and forth as the market decides which direction it will begin to move towards. So just be aware that a big move will be happening within 8-12 hours to understand how majority of the market is feeling.
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