Supply on the daily
run is done
see you at 0.98 cents
get those profit , keep strong , diamond hand short until 0.98 cents
open the trade and come back to it after a couple of weeks.
stop loss 1.36
Based on the below conditions :
1) momentum slowing down
2) death cross on the weekly chart.
3) complete rejection - we are still on a bear market.
4) based on the fibs , price will retrace to the 18k level. and a great level of support
be patient.. this is a patient game ! put alert on this price so you can DCAing... 2023 will be an accumulation year.
as you can see the it is in the process to test the trendline on the daily chart.. but i believe it is going to establish an fake out to the demand level .
i will be entering long on the demand zone around 88.90 for a good risk to reward ratio .