Key Levels:
Long Bounce Level: $20,728.25 — a potential point where buyers might step in for a bounce.
Strong Bounce Level: $20,481.50 — a stronger area of support where a significant reaction is expected if tested.
Targets:
First Target: $20,905.75 — an initial resistance level where partial profits could be taken.
Final Take-Profit (TP): $21,237.50 — a major resistance level where all positions should be closed.
Bias:
As long as the price holds above $20,369, the bias remains long. This level acts as a key support line to maintain upward momentum.
Trade Strategy:
Monitor price action around the bounce levels for potential entries. Look for signs of support (wicks or consolidations) on the 1-hour or 4-hour timeframes.
If price dips below $20,369, reconsider the long bias or wait for confirmation of a reversal.
Long Bounce Level: $20,728.25 — a potential point where buyers might step in for a bounce.
Strong Bounce Level: $20,481.50 — a stronger area of support where a significant reaction is expected if tested.
Targets:
First Target: $20,905.75 — an initial resistance level where partial profits could be taken.
Final Take-Profit (TP): $21,237.50 — a major resistance level where all positions should be closed.
Bias:
As long as the price holds above $20,369, the bias remains long. This level acts as a key support line to maintain upward momentum.
Trade Strategy:
Monitor price action around the bounce levels for potential entries. Look for signs of support (wicks or consolidations) on the 1-hour or 4-hour timeframes.
If price dips below $20,369, reconsider the long bias or wait for confirmation of a reversal.
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.