Hi everyone
price broke the main trend line for a while so we have two scenarios now:
scenario (1): price is already started upward pressure
scenario(2): price will break the orange line downward, drop one more time
hitting our strong support level before new bull trend
our strong support level is 14$, strong resistant level is 23.5$
Enjoy the market
price broke the main trend line for a while so we have two scenarios now:
scenario (1): price is already started upward pressure
scenario(2): price will break the orange line downward, drop one more time
hitting our strong support level before new bull trend
our strong support level is 14$, strong resistant level is 23.5$
Enjoy the market
交易進行
my scenario (1) is now more possible, remember below 17$ can turn to bear side交易進行
17$ support level is working well, so more upward pressure expected now交易進行
19.2 hit before correction trend still bullish unless close below 17$交易進行
first resistant level broke upward交易進行
next level 21.2 hit as expected. here can have correction but still is bullish交易結束：目標達成
all targets on my chart hit but if 23.5 resistant level breaks 25$ is in play
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