Morning everyone
Last night on our daily live stream, we spoke about the likelihood of us tapping this demand zone again, as we've been saying all week.
We've JUST front-run the demand zone, but this re-emphasises the point we make about a solid dollar cost average strategy, where we're not looking for exact dollar amounts, but a low average buy in price.
A buy-up from this level was expected as we mentioned last night from that pin bar to the left i've highlighted.
For now, we're just ranging and I'd like to see a close above 35k and a continued push to see if there is some strength in this.
Getting very oversold on a number of time frames, so for now we'll wait and see what transpires
Last night on our daily live stream, we spoke about the likelihood of us tapping this demand zone again, as we've been saying all week.
We've JUST front-run the demand zone, but this re-emphasises the point we make about a solid dollar cost average strategy, where we're not looking for exact dollar amounts, but a low average buy in price.
A buy-up from this level was expected as we mentioned last night from that pin bar to the left i've highlighted.
For now, we're just ranging and I'd like to see a close above 35k and a continued push to see if there is some strength in this.
Getting very oversold on a number of time frames, so for now we'll wait and see what transpires
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.