As we can see, market is at crucial level. Most likely scenario • Reverse from 1828 level 1) resistance 2) fib 0.38 level 3) ema crossover 50/21 ( if market get rejection form this level there is high chance to fall about 1822 to 1814 ) •Trend continuation 1) if market broke 1828 level resistance and close above 1833 there is high chances to 1842
After falling about 50% from high now we can see some bullish movement. Market broke major trendline and now market is at 43k where we can see supply zone and trendline resistance and fib 38 level resistance. What i think is break out of major trendline is just an false breakout and stop hunt. So it's not right time for long position, if candle close above 47k we...
After falling about 50% from high now we can see some bullish movement. Market broke major trendline and now market is at 43k where we can see supply zone and trendline resistance and fib 38 level resistance. What i think is break out of major trendline is just an false breakout and stop hunt. So it's not right time for long position, if candle close above 47k we...