Looking at the current price action, we can see a cone pattern similar to what we've been seeing in a few other coins on the 1D.
Price is approaching the lower zone of the TL which is also round a 50% retracement from 2nd touch on the bottom to the first ATH wick. The price floor sits around 61%.
Given the trend of these patterns I will expect another impulse up.
Stops can be set under 50%
Price is approaching the lower zone of the TL which is also round a 50% retracement from 2nd touch on the bottom to the first ATH wick. The price floor sits around 61%.
Given the trend of these patterns I will expect another impulse up.
Stops can be set under 50%
These analyses are my personal view on the market.
Always assume my investment risk tolerance is higher than yours
I’m here to make money, not hold your hand. Never blindly trust any analysis you see online because it fits your bias (including mine).
Always assume my investment risk tolerance is higher than yours
I’m here to make money, not hold your hand. Never blindly trust any analysis you see online because it fits your bias (including mine).
