My idea stems from the support and resistance level and we can see from the data that is presented to us from a technical view...
My view is that we drop out of the 97k zone and move towards the 104 resistance level which was bypassed due to the news and uncertainty... I have also noticed that the greed level was completely high and this result of most major crypto assets to drop... We are now in the weekend but the 100k level is still to be reached within the coming days.
I am waiting on the break and retest of this level seen on the 4H marked in red trend down... my entry will be based on the retest of 100k to take the long.
I will be waiting on a head shoulder patter or double/triple bottom to take the position...their might be a falling wedge pattern as well as shown on this 4h
İşlem aktif
I have not entered yet as I am trying to find a good area, however the markets look like it will have a good retracement from 104k back to 98k before end of Jan but I will have to see what will happen within these 5 days before trump pump...
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.