in accordance to the harmonic pattern retracement, with respect to our short-term sellers, we have reached our Take Profit. As a result, we are approaching the possibility to execute a long order upon further confirmation. On the Daily Time Frame we have a bearish candle currently (as of writing) trading below the previous LOCAL support line on the same Time Frame. We must monitor activity on the weekly and daily time frame to assets to candles in search for confirmation or arejction. Regardless, we must wait for 4H time frame confirmation prior to executing.
Be care trading, use proper risk. The targets are the same however, keep in mind that the $279 level might offer some resistance as the price was previous significant levels of the coins ATH.
Be care trading, use proper risk. The targets are the same however, keep in mind that the $279 level might offer some resistance as the price was previous significant levels of the coins ATH.
