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Price was rejected by 8900-9100$ Resistance zone and then went below 8650$ support zone. Now we have the 8650$ support zone turned into resistance.
We can go short at current level with a stop-loss above the support zone. Position should be opened on candle closes below in order to avoid the fakeout
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Not a Financial Advice
Price was rejected by 8900-9100$ Resistance zone and then went below 8650$ support zone. Now we have the 8650$ support zone turned into resistance.
We can go short at current level with a stop-loss above the support zone. Position should be opened on candle closes below in order to avoid the fakeout
Leaving a "like" costs nothing and really helps me out; please consider it! It's the #1 thing I look at when deciding to work on future content.
Peace Out!
Not a Financial Advice