The crypto and equities market have been hit with some spooky catalysts and risk assets (tech & crypto) are having trouble holding support. I'M ALL FOR IT!!
While it's important to know where we came from, markets move and you'll need to pivot along the way. LET'S DIVE IN.
38.5K - 40K (GREY ZONE) - ENTER LONG
40K - 43K (PURPLE ZONE) - BUYER CONFIDENCE, ADD ON 40K BOUNCE
43K - 45.5K (BLACK GAP) - IMPULSE BUYER PUSH, ADD IF WE DIP BACK DOWN TO 40K DUE TO PROFIT TAKERS AT 45K
45.5K - 50K (YELLOW ZONE) - EXPECTED DUMP IF WE CAN'T HOLD 50K, ADD ON DIP BACK DOWN TO 43K
50.K - 53K (ORANGE ZONE - SIDEWAYS INSIDE THS CHANNEL UNTIL WE BREAK ABOVE 55K.
63K - 67K (RED ZONE) TAKE PROFIT, TARGET.
SEE YOU ALL AT THE TARGET.
Stay nice, this is not financial advice.
like and follow to watch this trade unfold. Step by step updates will be provided below.
mrnicegvy
While it's important to know where we came from, markets move and you'll need to pivot along the way. LET'S DIVE IN.
38.5K - 40K (GREY ZONE) - ENTER LONG
40K - 43K (PURPLE ZONE) - BUYER CONFIDENCE, ADD ON 40K BOUNCE
43K - 45.5K (BLACK GAP) - IMPULSE BUYER PUSH, ADD IF WE DIP BACK DOWN TO 40K DUE TO PROFIT TAKERS AT 45K
45.5K - 50K (YELLOW ZONE) - EXPECTED DUMP IF WE CAN'T HOLD 50K, ADD ON DIP BACK DOWN TO 43K
50.K - 53K (ORANGE ZONE - SIDEWAYS INSIDE THS CHANNEL UNTIL WE BREAK ABOVE 55K.
63K - 67K (RED ZONE) TAKE PROFIT, TARGET.
SEE YOU ALL AT THE TARGET.
Stay nice, this is not financial advice.
like and follow to watch this trade unfold. Step by step updates will be provided below.
mrnicegvy
Comment:
A closer look
