Salaam
Today we see some bounce.
But the market arrives at resistance and in many coins, we see rising wedge or descending trend lines that could trigger leg down.
it could be only a correction for the bounce but regarding fear, in the market, it could hit local bottom if don't go lower.
So be cautious with your trades.
Waiting for the market to break resistance and enter in retest is a good idea that reduces the risk sharply!
Good luck,
Today we see some bounce.
But the market arrives at resistance and in many coins, we see rising wedge or descending trend lines that could trigger leg down.
it could be only a correction for the bounce but regarding fear, in the market, it could hit local bottom if don't go lower.
So be cautious with your trades.
Waiting for the market to break resistance and enter in retest is a good idea that reduces the risk sharply!
Good luck,
Nota
After going below 5c, the market didn't bounce as expected and it show more weakness.So I expect to go lower.
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.