Trade idea.
The crypto is close to its short-term tentative downside resistance line taken from the high of July 9th. But we won't focus too much on that line, as our main areas to watch are our key resistance and support levels (highlighted). We need to see a clear break through one of them before examining a further directional move.
Please see the chart for details.
Don't forget your stop-loss.
The crypto is close to its short-term tentative downside resistance line taken from the high of July 9th. But we won't focus too much on that line, as our main areas to watch are our key resistance and support levels (highlighted). We need to see a clear break through one of them before examining a further directional move.
Please see the chart for details.
Don't forget your stop-loss.
Trader’s Espresso – 06:00 GMT
Trader’s Tea Time – 13:15 GMT