1D Forecasting and Trade Setup
Market continues to show a tactical bearish move, we are at around 27K, a key level to continue or end the current local movement. On our sources, we public best trading ideas for crypto assets.
If we fall lower 27k zone, the most interesting entry point into longs, becomes the 24-25k range. If we drop from this zone without a retest to the 23300-23500 level, there is a high chance that we will go to the 19-20k level, ideal for long positions in the medium-term cycle, before a new local ATH above 31250.
What is your assessment of the current market, what are you expecting over the next week? Share it with us in a comments section and follow us for more trading ideas!
If we fall lower 27k zone, the most interesting entry point into longs, becomes the 24-25k range. If we drop from this zone without a retest to the 23300-23500 level, there is a high chance that we will go to the 19-20k level, ideal for long positions in the medium-term cycle, before a new local ATH above 31250.
What is your assessment of the current market, what are you expecting over the next week? Share it with us in a comments section and follow us for more trading ideas!
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