We expected a local pull back due to the high funding rates. I expect a trend continuation trade from the OB marked out here. in my futures account, I will go long with SL as shown incase they dip lower, however, in the spot account any dip lower will be an opportunity DCA for better average price. I anticipate higher prices as shown above.
Please note to DYOR as Cardona has extended way above the previous ATH a dipper retracement is not unlikely.
Order cancelled
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market is breaking down and the algorithm isn't supporting the buys any longer, we wait for the bottoms