Our short from the previous chart based on divergence has been closed with beautiful 12%+ profits. We think there will be a retest of the previous support, now turned resistance, before more downwards action. The Fibonacci golden ratio also aligns well in the short term.
Recognize that the price is still trading in a down trend and the trend is your friend, until the end!
We would only enter LONG after the trend is broken with a breakout with volume and is retested as support.
Stay safe and happy trading :)
Recognize that the price is still trading in a down trend and the trend is your friend, until the end!
We would only enter LONG after the trend is broken with a breakout with volume and is retested as support.
Stay safe and happy trading :)
Smart Crypto Association [ SCA ]
