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I missed out on the high and impulsive move overnight. I won't get in now. But if the price comes back, I blacked the zones I would be watching. If there is a retest and if there is a proper price action signifying that this level will hold, I will consider getting in.
• I don't want the price to come to these levels sooner than the arrow. That would be too fast and an ability of the structure to hold would be questionable.
• If this is a start of some higher upward move, it isn't likely that bitcoin will come to this level. Instead, it might bounce off 20 EMA which it has been holding nicely.
• Eos , on the other hand, hasn't respected 20 EMA much. I think it will come to this level. I will still wait for the proper price action.
Have a great trade!
• I don't want the price to come to these levels sooner than the arrow. That would be too fast and an ability of the structure to hold would be questionable.
• If this is a start of some higher upward move, it isn't likely that bitcoin will come to this level. Instead, it might bounce off 20 EMA which it has been holding nicely.
• Eos , on the other hand, hasn't respected 20 EMA much. I think it will come to this level. I will still wait for the proper price action.
Have a great trade!
Trade active:
Entered EOS
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