Opened the chart on the timeframe 1H, globally everything looks bullish, we see the breakdown of the downtrend and now the price is squeezed between the Support and Resistance levels. Why do I give priority to the long? Pay attention to the strong impulse growth, going against such a trend is dangerous . It remains only to wait for a breakdown of one of the levels and the price fixation.
Great chart and analysis. What level would you say it's critical to maintain to avoid the bullish invalidation and bears taking over?
ViktorTrade888
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@crypto-rookie, Greetings, thank you for your comment, in case of breakdown of the zone 20759 - 21450 $ and fixing the price, we can consider a short, but it's all very global. Optimalnys a variant to enter the trade will be timeframe 1D.