An analysis based solely on price.
I have noticed with particular attention that in the last bullish impulse at the time of the break of the trendline there was an important retracement equal to -30% from the peak and then resumed the upward run by carrying out a new ATH.
If we pull the Fibonacci retracements it falls in the 38.2 and 61.8 range, I like it ;-).
Today it repeatedly hit the retracement around -30% from the peak in the 38.2 and 61.8 range. hitting a very important support around $ 40. (I left the Info line either way)
Since I think it is a very important retracement and the DOT situation is positive, I have opened a buy order by now substantial.
I have noticed with particular attention that in the last bullish impulse at the time of the break of the trendline there was an important retracement equal to -30% from the peak and then resumed the upward run by carrying out a new ATH.
If we pull the Fibonacci retracements it falls in the 38.2 and 61.8 range, I like it ;-).
Today it repeatedly hit the retracement around -30% from the peak in the 38.2 and 61.8 range. hitting a very important support around $ 40. (I left the Info line either way)
Since I think it is a very important retracement and the DOT situation is positive, I have opened a buy order by now substantial.
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.