Well hello, resistance again.
I was really hoping this trendline on the weekly chart will hold as support.
But everything is not lost yet.
We can still break it to the upside, making last week's price action a false breakout and confirm it as support a week or two later.
Also, quite a few altcoins have a bullish setup that can indicate this might just happen.
The bad news is... this is the first day of the week :D
What do you guys think?
Will we break it again and confirm it as support in later weeks?
Or will we see a rejection and a waterfall afterward?
(not trading advice, I'm not your financial advisor, do your own due diligence)
I was really hoping this trendline on the weekly chart will hold as support.
But everything is not lost yet.
We can still break it to the upside, making last week's price action a false breakout and confirm it as support a week or two later.
Also, quite a few altcoins have a bullish setup that can indicate this might just happen.
The bad news is... this is the first day of the week :D
What do you guys think?
Will we break it again and confirm it as support in later weeks?
Or will we see a rejection and a waterfall afterward?
(not trading advice, I'm not your financial advisor, do your own due diligence)
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.
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.