as we can see, resistance/ supply zones are not pushing price down
instead price keeps pushing up
now its near a weekly and daily gap area which could be a resistance
i am not going long for now. i expect price to reject.
however, the way it gets pushed down will determine if the uptrend continues or if it ends.
if it gets pushed down by force, then i won't be longing it yet
if its a very corrective move down, i will wait for confirmation to go long. It could go above $270 n beyond if that happens
instead price keeps pushing up
now its near a weekly and daily gap area which could be a resistance
i am not going long for now. i expect price to reject.
however, the way it gets pushed down will determine if the uptrend continues or if it ends.
if it gets pushed down by force, then i won't be longing it yet
if its a very corrective move down, i will wait for confirmation to go long. It could go above $270 n beyond if that happens
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