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Yesterday I published an idea with a Mid Zone resistance and explained why this zone is important to be past. Today I am going to show one more important zone we have. Many interesting targets lay beyond this zone including an All Time High.
Currently the price took the road to test this resistance zone. The one broke 61.8% Fib level and Ichi Cloud resistance. Plus RSI crossed its 55 horizontal line to Upward.
Local Targets now are 10.800$ and 11.580$. Main targets after zone is past you can see on the chart.
I should warn you that after 11.600-12.900$ Resistance zone is past. The price might turn to be unstoppable and even crazy. In previous idea I considered buying under mid zone as a good opportunity to create 1st entry point, here in another one, but better buy inside thiz zone so that we have a difference between entries in more than 1.000$.
Now we come into irrational market, because many retails can be involved especially after 11.600-12.900$ Resistance Zone is past, so be careful with your trades.
Thank you for reading this idea! Hope it's been useful to you and some of us will turn it into profitable.
Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.
The information given is not a Financial Advise.
Yesterday I published an idea with a Mid Zone resistance and explained why this zone is important to be past. Today I am going to show one more important zone we have. Many interesting targets lay beyond this zone including an All Time High.
Currently the price took the road to test this resistance zone. The one broke 61.8% Fib level and Ichi Cloud resistance. Plus RSI crossed its 55 horizontal line to Upward.
Local Targets now are 10.800$ and 11.580$. Main targets after zone is past you can see on the chart.
I should warn you that after 11.600-12.900$ Resistance zone is past. The price might turn to be unstoppable and even crazy. In previous idea I considered buying under mid zone as a good opportunity to create 1st entry point, here in another one, but better buy inside thiz zone so that we have a difference between entries in more than 1.000$.
Now we come into irrational market, because many retails can be involved especially after 11.600-12.900$ Resistance Zone is past, so be careful with your trades.
Thank you for reading this idea! Hope it's been useful to you and some of us will turn it into profitable.
Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.
The information given is not a Financial Advise.
