Scret network is growing. Layer 1 protocols gaining traction. First dapps launched.
Invalidation level for me, work as invalidation only when my orders did not get filled and it turns into support in 4H or 1D chart. Obv If orders are filled, this level turning into support is a confirmation signal to hold de position untill taking profits lvls.
As always a perspective of the order block:
Will take profits in daily last ATH candle close $9.87 and possibly in 2.618 fib extension (build from Nov.20 weekly impulse low to Feb. 20 weekly high) @ aprx. $15.53
As part of my wick hunting strategy logic, I will ignore the daily candle close resistence @ $7.0 area. Its maybe a greedy point of view, but its also a low volume area in a local perspective of the volume profile.
Hopefully it will play out as expected.
Invalidation level for me, work as invalidation only when my orders did not get filled and it turns into support in 4H or 1D chart. Obv If orders are filled, this level turning into support is a confirmation signal to hold de position untill taking profits lvls.
As always a perspective of the order block:
Will take profits in daily last ATH candle close $9.87 and possibly in 2.618 fib extension (build from Nov.20 weekly impulse low to Feb. 20 weekly high) @ aprx. $15.53
As part of my wick hunting strategy logic, I will ignore the daily candle close resistence @ $7.0 area. Its maybe a greedy point of view, but its also a low volume area in a local perspective of the volume profile.
Hopefully it will play out as expected.