34 sats was a support level that needed to hold for further upside, unfortunately that has become a significant resistance level instead.
There is still a possibility of upside from this falling wedge pattern, but under 34 sats this is a no trade zone for me. Will wait until resistance is broken and retested to enter a trade.
There is still a possibility of upside from this falling wedge pattern, but under 34 sats this is a no trade zone for me. Will wait until resistance is broken and retested to enter a trade.
Commentaire:
34 turned strong support again, retested and now bouncing up toward 40 sats. Good opportunity here. 👍