Nice spot for a bounce on crypto market
The crypto market has been in consolidation mode for a month since the big break down of mid june. Price perfectly held the retest of 2017's ATH.
Now the whole crypto market broke up this consolidation and is currently retesting it.
If you think the bottom is in and you would like to be long on this market, it's currently a nice area to enter position.
Keep it simple, use horizontals.
Thanks !
Now the whole crypto market broke up this consolidation and is currently retesting it.
If you think the bottom is in and you would like to be long on this market, it's currently a nice area to enter position.
Keep it simple, use horizontals.
Thanks !
Note
Daily candle has been saved and closed just above our green zone, very good reaction. Now the invalidation is clear, if we close a candle inside the grey box again, the bullish plan will be invalided.
Note
Market pumping nicely, we hope you are taking some profits here, SL under the low. Market is happy when he act like this.
Let's enjoy the profits.
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.