Hi Guys,
As I see currently price is in the No Trade zone. This means price is waiting for a decision to make the breakout from this congestion zone or to stay here or drop out from the supporting level to be bearish.
If price moves above 240 and can close far above that level, then I'm bullish and find the BUY setup.
If price moves down and below 208-209 level, then it will be more bearish and I will find the Sell setup.
If it's stay in the No Trade Zone, then just stay out! Good luck to all and please leave your likes/comments for this Post!
P/S: I myself prefer the upside bias as MACD is in line with the view. But, it's better to watch for what I shared above.
As I see currently price is in the No Trade zone. This means price is waiting for a decision to make the breakout from this congestion zone or to stay here or drop out from the supporting level to be bearish.
If price moves above 240 and can close far above that level, then I'm bullish and find the BUY setup.
If price moves down and below 208-209 level, then it will be more bearish and I will find the Sell setup.
If it's stay in the No Trade Zone, then just stay out! Good luck to all and please leave your likes/comments for this Post!
P/S: I myself prefer the upside bias as MACD is in line with the view. But, it's better to watch for what I shared above.
Comment:
You can see that how the charts saved you from many rushing decisions. It looks bearish now if it breaks this supporting level. You do not to be rush to buy any crypto coins at this time till seeing the clear trend.