On the above 3 day chart price action has moved up 700% since last August. A number of reasons now exist for a reversal, they include:
1) Broken market structure.
2) Price action and RSI support breakouts.
3) A reliable bearish crossover.
4) No support levels until 1.90. A strike of 1.50 is probable.
5) "Short" active from $4.05 area.
Is it possible price action continues printing higher highs? Sure.
Is it probable? No.
Ww
1) Broken market structure.
2) Price action and RSI support breakouts.
3) A reliable bearish crossover.
4) No support levels until 1.90. A strike of 1.50 is probable.
5) "Short" active from $4.05 area.
Is it possible price action continues printing higher highs? Sure.
Is it probable? No.
Ww
Dagangan aktif
Nota
Just another $1.30 until target. Seems the bulls can't capitulate fast enough.. will they also be ones filling long orders below? 100%
BTC
bc1q2eckdzh0q8vsd7swcc8et6ze7s99khhxyl7zwy
Weblink: patreon.com/withoutworries
Allow 3-6 months on ideas. Not investment advice. DYOR
bc1q2eckdzh0q8vsd7swcc8et6ze7s99khhxyl7zwy
Weblink: patreon.com/withoutworries
Allow 3-6 months on ideas. Not investment advice. DYOR
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.
BTC
bc1q2eckdzh0q8vsd7swcc8et6ze7s99khhxyl7zwy
Weblink: patreon.com/withoutworries
Allow 3-6 months on ideas. Not investment advice. DYOR
bc1q2eckdzh0q8vsd7swcc8et6ze7s99khhxyl7zwy
Weblink: patreon.com/withoutworries
Allow 3-6 months on ideas. Not investment advice. DYOR
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.