Hi friends! Today crypto are red again after a few days of green "zone". At the volume idicator we see how the volume bars growth when price reach it`s highs. Sellers are here!
We have to wait the squeeze the trendline to open a short trade. Also BTC can help to push the price lower if it also make the local pullback to $18.5-19k. Target is the value area of $0.55-0.58 which can be strong support for the price.
Additional scenario is the price fall below the local lows of $0.49 and collection of liquidity. After that the price can continue it`s growth.
Only after this short scenarious we can talk about the reaching new highs and expect the growth.
Twitter board announce that Mr Musk can be the owner of the Twitter soon. So as we know Elon is support Doge and of course we can expect the pump on the Musk purchase. But if Twitter will accept the DOGE as a payment method it will help the project to reach at least it`s highs at the next bull cycle. How do you think is it possible or it`s another trick by Mr Musk?
💻Friends, press the "like"👍 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
We have to wait the squeeze the trendline to open a short trade. Also BTC can help to push the price lower if it also make the local pullback to $18.5-19k. Target is the value area of $0.55-0.58 which can be strong support for the price.
Additional scenario is the price fall below the local lows of $0.49 and collection of liquidity. After that the price can continue it`s growth.
Only after this short scenarious we can talk about the reaching new highs and expect the growth.
Twitter board announce that Mr Musk can be the owner of the Twitter soon. So as we know Elon is support Doge and of course we can expect the pump on the Musk purchase. But if Twitter will accept the DOGE as a payment method it will help the project to reach at least it`s highs at the next bull cycle. How do you think is it possible or it`s another trick by Mr Musk?
💻Friends, press the "like"👍 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
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