After a long wait, I am currently waiting for this pair to give me my confirmation for a long position.
Price already in my area of value, just waiting for the market to tell me to get in on a Buy.
Buy bias for the coming Months.
Hello Friends!
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**First Scenario - Long:**
Initial Target: $3.3
Entry: $2.4
Stoploss: 2.2
**Second Scenario - Short:**
It's already tested at $3 in price.
Less probability of going down, but if you're shorting, double-check your stop loss.
In a general bear market, prices can drop to $1.8 or $1.6 if they go below $2.2 level.
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Take into consideration:
Holders have been rising since the start of the year.
Psychological Resistance at $4
Psychological Support at $1.8
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NFA
DYOR
Good Luck!
⚠️Caution: Just because I've set my buy and sell position Settings or drawn direction lines on my chart doesn't indicate I've opened a position or am obsessed with a particular bias. This is only a forecast; I don't trade when the price reaches my level; I have rules of engagement. Perhaps the most crucial element is 🆘RISK MANAGEMENT🆘.