A modified version of my previous idea, with the new pivot point taken into account
Buy Zone 1 is the support we just built, Buy Zone 2 is just shy of a 61.8 retracement and Buy Zone 3 represents monthly close support
Highest probability of just tagging Buy Zone 1 since previous 4-hr was a bullish engulfing hammer and a measured move from the current pivot low to 42k would take us just above the 200 ema on the daily which is the REAL resistance the bulls have to worry about
Shorts about to get SQUEEZED some more
Buy Zone 1 is the support we just built, Buy Zone 2 is just shy of a 61.8 retracement and Buy Zone 3 represents monthly close support
Highest probability of just tagging Buy Zone 1 since previous 4-hr was a bullish engulfing hammer and a measured move from the current pivot low to 42k would take us just above the 200 ema on the daily which is the REAL resistance the bulls have to worry about
Shorts about to get SQUEEZED some more
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.