I do expect a move up to 70k, but I need a break of 67k on SOS to consider it .
Unless it goes back under 58k on mad supply, What I could expect next is a retracement back of the daily-weekly actual accumulation.
So as I stated, retracement testing back the last support of the accumulation cycle is what I expect next before it would break upward, since demand have been calming down for now. Which would be even better since it could give better entries on a nice dip forming on light supply, giving a great stop loss.
Considering the heavy demand that has emerged, a retracement to 65.7k as first area to consider & and light supply showing there would be a good place to initiate positions. for a nice scalp long to 66k . { But what I could suspect is another move to 66k, then a real retracement back to 63k-64k, which a break under 65k-65.2k would be a sign of what it is doing, has to be monitored..} WHICH IS ALSO WHY STAYING CAREFUL AND MONITORING ANY LONG CURRENT POSITIONS, remains extremely important right now.
From where I could at least expect another touch of 66k next before it could retrace lower;
Re-accumulation on the 15 minutes
Will be updated as it moves.
Daily
Weekly
Monthly
Unless it goes back under 58k on mad supply, What I could expect next is a retracement back of the daily-weekly actual accumulation.
So as I stated, retracement testing back the last support of the accumulation cycle is what I expect next before it would break upward, since demand have been calming down for now. Which would be even better since it could give better entries on a nice dip forming on light supply, giving a great stop loss.
Considering the heavy demand that has emerged, a retracement to 65.7k as first area to consider & and light supply showing there would be a good place to initiate positions. for a nice scalp long to 66k . { But what I could suspect is another move to 66k, then a real retracement back to 63k-64k, which a break under 65k-65.2k would be a sign of what it is doing, has to be monitored..} WHICH IS ALSO WHY STAYING CAREFUL AND MONITORING ANY LONG CURRENT POSITIONS, remains extremely important right now.
From where I could at least expect another touch of 66k next before it could retrace lower;
Re-accumulation on the 15 minutes
Will be updated as it moves.
Daily
Weekly
Monthly
Nota
posted the update in the comments by accident.Nota
67k on light supply could give another nice buy entry
Nota
A break upside 68.5k on SOS would be a good sign that we are moving to higher levelDagangan ditutup: sasaran tercapai
Nota
But what I could suspect is another move to 66k, then a real retracement back to 63k-64k, which a break under 65k-65.2k would be a sign of what it is doing, has to be monitored
both of the move predicted, new idea gonna have to be publish.
Penafian
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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.