In this idea we will look at 2 potential scenarios:
1. Game continue
2. Game over
In case if that was top i expect strong correction 21 EMA can provide for us good support.
Also on that level we got our favorite number 0.618.
1. Game continue
2. Game over
In case if that was top i expect strong correction 21 EMA can provide for us good support.
Also on that level we got our favorite number 0.618.
Note
Drop below 11500 will confirm correction in progressNote
To make it clear, I don't try predict how exactly market will move! with those red and green candles nobody knows that! most important is result ~16k or ~7500-7300 that's the pointNote
On 1H we are looking good! already above 13 EMANote
On daily 13 EMA provided for us support! the question is can we hold itNote
CNBC crypto class "How to buy bitcoin, which has rocketed in value in recent months". This can be good counter indicator :DNote
We about to make some interesting moveNote
Note
Trade closed: target reached
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.