TOTAL2, make or break! Double harmonics, critical trendline!
At a very critical point for alts
Bullish Case:
1) Two harmonics
2) bullish divergence on the hourly TFs forming
3) 100 DMA support
4) oversold on hourly TFs
Bearish case:
1) Broken trendline
---need to wick above it 2 be bullish
--- closing body of the candle below the trendline would start nearly a year long downtrend for alts (in my opinion)
2) overall, markets (not just crypto) have taken a turn to the downside
I AM NOT A FINANCIAL ADVISER, DO YOUR OWN RESEARCH!
Bullish Case:
1) Two harmonics
2) bullish divergence on the hourly TFs forming
3) 100 DMA support
4) oversold on hourly TFs
Bearish case:
1) Broken trendline
---need to wick above it 2 be bullish
--- closing body of the candle below the trendline would start nearly a year long downtrend for alts (in my opinion)
2) overall, markets (not just crypto) have taken a turn to the downside
I AM NOT A FINANCIAL ADVISER, DO YOUR OWN RESEARCH!
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.