DENT- Converging Support to meet Retrace- Pump or Pain?
Retrace to meet support in the next few days.
I'll be looking for entry as retrace meets baseline support, confirmed by break from falling wedge.
A lot of ALT's find themselves in this position, as does BTC so cross check amongst your favorite alts to try and ensure you take a good position prior to bounce.
I'll be running pretty tight stops on positions but quietly confident of market improvement and I'll be looking for the signs over the coming days.
A break early while possible may still give us the right buy price on retest of break.
As always not financial advice,
Just my thoughts and TA
Bingaz.
I'll be looking for entry as retrace meets baseline support, confirmed by break from falling wedge.
A lot of ALT's find themselves in this position, as does BTC so cross check amongst your favorite alts to try and ensure you take a good position prior to bounce.
I'll be running pretty tight stops on positions but quietly confident of market improvement and I'll be looking for the signs over the coming days.
A break early while possible may still give us the right buy price on retest of break.
As always not financial advice,
Just my thoughts and TA
Bingaz.
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