Price almost reach the target zone, but not 11.82 (support ending zone). Possible second wave like zig-zag to 11.72 - 11.65. Now I will be carefully and watch price action to take decision.
Anyway soon 1H MA crossing and big movements coming. If price going upper - Im happy and can enter in any time with target around 13.5-14.4. If price going under - I will update this trade.
Keep in mind that BTC market reject resistance and now we can go to 7280 or 7040 or 6920. Or create consolidation for B-wave movements to 8200-8300 zone. BTC is important because he is indicator now for all crypto.
About news - Huobi announce starting of crypto ETF from 1 june for retail and institutions investors.
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Reasons to be carefully.
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Touch top line resistance. Also 1H Stoch overbought and in rising wedge. Also 1H MA need to be crossed (possible moving lower).
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I did not enter in the position. Because situation was unpredictable and Im waiting MA 1H crossing before initiate new trade. I mean we can trade if we see good setup. Without it like Vegas games. Now chart touch the MA12H resistance.
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Native tokens hype. If you in long position - targets around 14.96-15.05