Two scenarios: green and red lines.
Green Line: A bounce and sustained recovery above the 100-day and 200-day daily moving averages is bullish.
Red Line: A bounce followed by a lack of momentum and a break below a previous low is bearish.
Long Horizontal Red Line: If the price reaches this area, it could signal the start of a downtrend unless new bullish fundamentals emerge.
My Point of View (POV): I am bearish, primarily due to the ongoing war, similar to the conflict that began between two other countries a year ago.
However, it's important to note that every crisis and recession has historically presented a buying opportunity for institutions and 'whales.' Therefore, be prepared with funds for dollar-cost averaging (DCA), then simply hold and forget. It is recommended to conduct backtesting and research to identify optimal buying areas. DCA is key. Only invest money you can afford to lose.
Green Line: A bounce and sustained recovery above the 100-day and 200-day daily moving averages is bullish.
Red Line: A bounce followed by a lack of momentum and a break below a previous low is bearish.
Long Horizontal Red Line: If the price reaches this area, it could signal the start of a downtrend unless new bullish fundamentals emerge.
My Point of View (POV): I am bearish, primarily due to the ongoing war, similar to the conflict that began between two other countries a year ago.
However, it's important to note that every crisis and recession has historically presented a buying opportunity for institutions and 'whales.' Therefore, be prepared with funds for dollar-cost averaging (DCA), then simply hold and forget. It is recommended to conduct backtesting and research to identify optimal buying areas. DCA is key. Only invest money you can afford to lose.
註釋
It closed below 100k but immediately recovered. Was that a liquidity sweep? I'm not entirely sure.
On the other hand, the 100-day moving average and 200-day moving average might form a bullish golden cross if it closes green on the daily time frame.
Also, there are two diagonal lines that may act as resistance ahead.
交易結束:目標達成
Two targets for this scenarios are already reached.免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。