Guys,
Gonna break down the situation on the chart to see where we can go next with the altcoins.
We see the key resistance levels and now we moving in kinda bullish pennant, but considering descending volumes we can easily test the support line and go back to the 1.25T. (maybe even lower)
After that, seems like we can try to go back and break the 1.64T resistance zone and previous ATH.
Anyway current market is going to be way more different from previous cycles, because huge institutions can feel nice only in hyper volatile, so divide your strategy between short, mid and long term investments to take profits.
Good trades and share your thoughts down to see what others think.
Gonna break down the situation on the chart to see where we can go next with the altcoins.
We see the key resistance levels and now we moving in kinda bullish pennant, but considering descending volumes we can easily test the support line and go back to the 1.25T. (maybe even lower)
After that, seems like we can try to go back and break the 1.64T resistance zone and previous ATH.
Anyway current market is going to be way more different from previous cycles, because huge institutions can feel nice only in hyper volatile, so divide your strategy between short, mid and long term investments to take profits.
Good trades and share your thoughts down to see what others think.
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.