We are seeing basic market dynamics at work here on Celsius - clear return to HTF support and healthy patterns created in a LTF and HTF Cup N Handle.
Volume as always is super important toward identifying where the actual support and resistance lies and the deeper knowledge of what it means to build a resistance level in order to then break it to propel us further will go a long way in identifying good trade opportunities.
As I mentioned in my post earlier, we are looking to flip this LTF zone (currently in the works) into a pocket of buyers that the market can tap into for a more sustained push toward HTF supply.
Happy Trading :)
Volume as always is super important toward identifying where the actual support and resistance lies and the deeper knowledge of what it means to build a resistance level in order to then break it to propel us further will go a long way in identifying good trade opportunities.
As I mentioned in my post earlier, we are looking to flip this LTF zone (currently in the works) into a pocket of buyers that the market can tap into for a more sustained push toward HTF supply.
Happy Trading :)
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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.
Penerbitan berkaitan
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.