I am waiting for a change in structure
Till now we didnt see higher lows on the higher Timeframes. Therefore I would like to see a retracement to the 40k area preferably on HIGH volume.
There might be a great buying opportunity comming up after that retest. It could potentially go as low as 10k but that remains to be seen.
A break above weekly highs (on high volume) would indicate a bullish continuation. I would wait for a retest of the upper line of consolidation (a higher low) to start building positions.
There might be a great buying opportunity comming up after that retest. It could potentially go as low as 10k but that remains to be seen.
A break above weekly highs (on high volume) would indicate a bullish continuation. I would wait for a retest of the upper line of consolidation (a higher low) to start building positions.
Nota
We have started the correction from the 71.000 area on good volume indicating further bearish pressure in the coming weeks. 67.700 is a strong support line which we have approached now, if this fails we will go straight to 60.000.Nota
second target reached - bounce from here?
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.