attached a trade i am brewing on for today. retracement levels and trendline coming together perfectly, a bounce of the trendline and an extension to the first fib extension level would fall together perfectly with the standing ath (which was just a spike). in green possible areas of support, in red possible areas of resistance
What do you think now? It's getting super weird...
PartisanNatalia
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any updates? looks kinda down rn
CryptoFrog09
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@PartisanNatalia, there was a nice 9% bounce exactly from the 61.8 Retracement level. i personally expect some more price action around the trendline before a move up or down.
CryptoFrog09
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buying area coming closer, i am waiting for some bullish divergence on the macd /5min, and a confirmed bottom before entering