BITFINEX:BSVUSD
This support zone was tested a few times already. Now at this test it looks like buyers are not very active here.
But this is not enough to open shorts when price is still above this support zone. I personally dont want to open long here but i will open short position when we see breakdown and a retest of the current support which should act as new resistance.
Enjoy leave a follow and like if you enjoy! Also fell free to check my other posts!
This support zone was tested a few times already. Now at this test it looks like buyers are not very active here.
But this is not enough to open shorts when price is still above this support zone. I personally dont want to open long here but i will open short position when we see breakdown and a retest of the current support which should act as new resistance.
Enjoy leave a follow and like if you enjoy! Also fell free to check my other posts!
Trade closed: target reached:
Well i told you support is weak here ;)