Hello everyone 😃
Before we start to discuss, I would be glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it !
I'm going to search for possible directions and opportunities into the lower supports and we approach the possibility of drop below $20K.
So; The ideas are based on the rejection of
There're two spots that I'm looking for SHORTs on
There's an opportunity for
But so, In this case; We'll search for our SHORT entries into $120 - $130's resistance zone and from macro view; Aimed target for mid-term should be $65.
- In any case of break below $85 before a retest into $120's resistance, You have to sell out your bags and aim for $65.
For further rejection we need that break below $65 which makes us this opportunity to set our buy limits on the mentioned levels at $30 and $20 !
📑 Conclusion :
- There're two levels to watch for :
- $85; Any rejection below will lead the pair into $65's Demand zone.
- $95; Any pullback above will lead the pair into $120's Supply zone.
Also there're two main zones to watch for macro movement :
- $120; Any rejection from this level will lead the pair into $65's Demand.
- $65; Any rejection from this level will lead the pair into $30's support lines..
🔴 Unfortunately analyzing the crypto pairs before any major movement's confirmation is more risky with less success rate; So I would be pleased to play the chart with more carefulness !
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Attention: this isn't financial advice we are just trying to help people on their own vision.
Have a good day!
Helical_Trades
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