Price rose straight to the yellow box I showed in the previous post, which acted as strong resistance, and we went all the way down to 0.115-0.12 support again.
This support has held 4 time this year (black arrows), and yesterday´s candle is a strong indication that we´re having a short-term recovery on ONE price.
I expect a test of green resistance at 0.14. My main scenario is still a bullish recovery from here, but it´s too early to tell.
This support has held 4 time this year (black arrows), and yesterday´s candle is a strong indication that we´re having a short-term recovery on ONE price.
I expect a test of green resistance at 0.14. My main scenario is still a bullish recovery from here, but it´s too early to tell.
📈 Experienced Crypto trader
👍 Simple, actionable content
🌊 Elliott Wave junkie
🧠 Trading psychology hacks
🎖️ Premium VIP Discord Server ($4.99/mth for a limited time - check link below)
linktr.ee/stoic.trader
👍 Simple, actionable content
🌊 Elliott Wave junkie
🧠 Trading psychology hacks
🎖️ Premium VIP Discord Server ($4.99/mth for a limited time - check link below)
linktr.ee/stoic.trader
Related publications
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.
📈 Experienced Crypto trader
👍 Simple, actionable content
🌊 Elliott Wave junkie
🧠 Trading psychology hacks
🎖️ Premium VIP Discord Server ($4.99/mth for a limited time - check link below)
linktr.ee/stoic.trader
👍 Simple, actionable content
🌊 Elliott Wave junkie
🧠 Trading psychology hacks
🎖️ Premium VIP Discord Server ($4.99/mth for a limited time - check link below)
linktr.ee/stoic.trader
Related publications
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.