These are levels that I'll be keeping an eye on when dealing with ELONUSDT, and I'll revise as price action progresses.
I adapt to the change in money flow.
I'm making a published idea about this crypto due to all of the noise I've been hearing on social media. Price is currently at the high end of the curve which typically means we can potentially see a reversal to the downside. However, the fact that price deviated to the upside breaking structure can be looked at as a precursor for what's to come in the near future.
I would actually wait to see if price will come down to the low end ($0.0----1035) which is nestled between an untouched range. If the bullish momentum is strong enough that might not happen so then I would wait for a break in structure to the upside, retest and then I would look for opportunities.
Just my thought's and nothing more, nothing less. We shall see..
I adapt to the change in money flow.
I'm making a published idea about this crypto due to all of the noise I've been hearing on social media. Price is currently at the high end of the curve which typically means we can potentially see a reversal to the downside. However, the fact that price deviated to the upside breaking structure can be looked at as a precursor for what's to come in the near future.
I would actually wait to see if price will come down to the low end ($0.0----1035) which is nestled between an untouched range. If the bullish momentum is strong enough that might not happen so then I would wait for a break in structure to the upside, retest and then I would look for opportunities.
Just my thought's and nothing more, nothing less. We shall see..
Comment:
Price's next stop could be $0.----2115. 👀
🗣 NOT FINANCIAL ADVICE!