Two scenarios depending on the price movement 27100 and 27500
Two scenarios that will happen depending on the price movement between 27100 and 27500
1- Our Open Internet data is falling, which means that we are seeing a decrease in opened future transactions.
2- 56% Short pose 43% Long pose open in Future market
3- The rise came with spot buying support, interestingly (I think there are small investors)
Our Spot CVD value on the second peak formed is fine and is higher than the previous peak.
4- In the future market, the opposite is the case, that is, our Future CVD value decreases while the price rises,
Conclusion
1- I think our support line is between 27100 -27500, if the price holds here, an increase can be expected up to the level of 28000 - 28300, the pose can be changed by looking at the reaction from here,
2- If the price cannot hold between 27100 – 27500, the price may drop to the level of 26500-2600, and the pose can be changed by looking at the reaction it receives.
Please everyone take action by calculating the risk. good day good luck
1- Our Open Internet data is falling, which means that we are seeing a decrease in opened future transactions.
2- 56% Short pose 43% Long pose open in Future market
3- The rise came with spot buying support, interestingly (I think there are small investors)
Our Spot CVD value on the second peak formed is fine and is higher than the previous peak.
4- In the future market, the opposite is the case, that is, our Future CVD value decreases while the price rises,
Conclusion
1- I think our support line is between 27100 -27500, if the price holds here, an increase can be expected up to the level of 28000 - 28300, the pose can be changed by looking at the reaction from here,
2- If the price cannot hold between 27100 – 27500, the price may drop to the level of 26500-2600, and the pose can be changed by looking at the reaction it receives.
Please everyone take action by calculating the risk. good day good luck
Trade closed: target reached:
The price received a reaction from the box we drew and went to our take profit level.
Trade closed: target reached:
Price moved exactly how I drew it
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