Bearish time?
Even though it seems that yesterday's rally broke every resistance area on it's way to a new all time record, do note that yesterday's daily bar closing rate was kept INSIDE the tunnel.
Meaning: Possible bullish trap.
A reasonable trade will be SHORT with stop loss above yesterday's high and a limit at bottom of the tunnel. minimum risk, maximum profit possibility.
As for me, I am not a big fan of buying against the momentum, so I will wait for it at the bottom of the tunnel and then buy.
Still believe that a strong correction is ahead of us.
Meaning: Possible bullish trap.
A reasonable trade will be SHORT with stop loss above yesterday's high and a limit at bottom of the tunnel. minimum risk, maximum profit possibility.
As for me, I am not a big fan of buying against the momentum, so I will wait for it at the bottom of the tunnel and then buy.
Still believe that a strong correction is ahead of us.
Not
Looks even better with my original COINBASE chart Not
Still inside the tunnel + reached 3K.Still believe it's going down unless the upper side of the tunnel is broken.
We should face quite a correction pretty soon.
Feragatname
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.
Feragatname
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.