'' But considering the selling pressure at 67k-69k, I need a break upside it to consider higher zones, since a retracement to 50k could happen anytime if demand don't increase. ''
So here it is, and I am happy about it, because that dip is for the better.
what's up now
A maintains under 58k-56k with powered supply is a good sign that price is still on is way to test lower zones. Which would be 53k to start with, and if supply is still showing dominance there, then I would consider 50k-51k.
Now a break under 55.8k, is the next step I am looking for to see a continuation of the movement down.
And a dip all the way to 48k would be something I keep in mind.
As long there's no chance of character in the supply obvious, or a zone showing supply absorption to indicate that the retracement is taking an end.
Daily
Weekly
Monthly
Price will be updated as it moves.
So here it is, and I am happy about it, because that dip is for the better.
what's up now
A maintains under 58k-56k with powered supply is a good sign that price is still on is way to test lower zones. Which would be 53k to start with, and if supply is still showing dominance there, then I would consider 50k-51k.
Now a break under 55.8k, is the next step I am looking for to see a continuation of the movement down.
And a dip all the way to 48k would be something I keep in mind.
As long there's no chance of character in the supply obvious, or a zone showing supply absorption to indicate that the retracement is taking an end.
Daily
Weekly
Monthly
Price will be updated as it moves.
Trade closed: target reached