while a short term buy to the top of the channel is a possibility here,
I don't see it going higher before the following conditions are met:
a breakout above the green line. A close above the 200MA. A retest of either with a turn higher.
Until then, I expect it to go lower still, along with the rest of the crypto market.
I don't see it going higher before the following conditions are met:
a breakout above the green line. A close above the 200MA. A retest of either with a turn higher.
Until then, I expect it to go lower still, along with the rest of the crypto market.
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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.