There were many cryptos having inside days yesterday.
Technically speaking, this bat pattern drawn has already failed;
while it didn't break 10.00 fig and it has this inside day after breaking the X point.
People may get emotional when their positions got stopped out and bounced right after they realized their loss.
That may become a potential buying momentum for this inside day breakout (those who got stopped out retake the trade)
It's still a very interesting inside day to watch.
Of course, if it breaks to the downside first, this trade doesn't exist anymore.
Let's see how it goes!
Technically speaking, this bat pattern drawn has already failed;
while it didn't break 10.00 fig and it has this inside day after breaking the X point.
People may get emotional when their positions got stopped out and bounced right after they realized their loss.
That may become a potential buying momentum for this inside day breakout (those who got stopped out retake the trade)
It's still a very interesting inside day to watch.
Of course, if it breaks to the downside first, this trade doesn't exist anymore.
Let's see how it goes!
Order cancelled:
Broke to the downside, this trade doesn't exist anymore~
