Exciting long term, Trouble short term
Please note this is only an idea, invest at your own risk.
The chart shows a confusing pattern after a huge drop.
If you are long term, I believe now to be a great price (575).
In the short term, I expect more volatility and possible lower price or fluctuation.
While it has recently gained an important support around 570, I am waiting for it to overcome the 600 resistance, and more importantly the 665 resistance, which would represent a change in structure.
I am much more confident to enter into it once it holds above 665.
Happy to get feedback on my idea.
The chart shows a confusing pattern after a huge drop.
If you are long term, I believe now to be a great price (575).
In the short term, I expect more volatility and possible lower price or fluctuation.
While it has recently gained an important support around 570, I am waiting for it to overcome the 600 resistance, and more importantly the 665 resistance, which would represent a change in structure.
I am much more confident to enter into it once it holds above 665.
Happy to get feedback on my idea.
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.