Hi Trader and Hodlers,
+ The halving is near, which will reflect bearish on the market like it did every halving.
Buyorders (0.236).
- Stochrsi is looking to cross to the upside soon, which could mean that we will break the channel soon.
There is a possibility we could have a fakeout to the upside which will reflect back in the channel to test the bottom range levels.
In my opinion we have to retest the bottom, somewhere the 0.236 and 1.3578
You could average your buyorders on the fib retracements in the chart.
Don't think we are going to the moon, first we need a retest of specific levels. That's just how a market cycle goes.
Have a nice day Traders!
+ The halving is near, which will reflect bearish on the market like it did every halving.
Buyorders (0.236).
- Stochrsi is looking to cross to the upside soon, which could mean that we will break the channel soon.
There is a possibility we could have a fakeout to the upside which will reflect back in the channel to test the bottom range levels.
In my opinion we have to retest the bottom, somewhere the 0.236 and 1.3578
You could average your buyorders on the fib retracements in the chart.
Don't think we are going to the moon, first we need a retest of specific levels. That's just how a market cycle goes.
Have a nice day Traders!