BTC/EUR - waiting for direction confirmation
BTC/EUR - has reached resistance zone (9390 price). As we can see this level was broken on 28th July.
And price managed to reach 10500 price. After it went back below 9390 zone, it did not manage to break it again until now.
Best scenario at the moment would be to wait and look what will happen:
If price will break the level and go up - then you can enter long position (stop loss should be below 9390 level, target - around previous high at 10500).
If the price will not manage to break this level, most likely it will try to test support level at 8040 zone. This level is quie strong, because it stands from 30 April.
If you want to trade Crypto with low fees - try Binance: binance.com/en/register?ref=19891733
And price managed to reach 10500 price. After it went back below 9390 zone, it did not manage to break it again until now.
Best scenario at the moment would be to wait and look what will happen:
If price will break the level and go up - then you can enter long position (stop loss should be below 9390 level, target - around previous high at 10500).
If the price will not manage to break this level, most likely it will try to test support level at 8040 zone. This level is quie strong, because it stands from 30 April.
If you want to trade Crypto with low fees - try Binance: binance.com/en/register?ref=19891733
Feragatname
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