Daily Equilibrium Pattern + Potential Oversold Bounce
Today marks the 6th candle of the equilibrium pattern.
I bought a position at 2600 satoshis and looking to exit at 3000 satoshis.
Watch for a break of the support/resistance levels.
Expecting this pattern to break bullish since the RSI levels were so low recently.
Good luck everyone!
DISCLAIMER:
I'm relatively new at TA and I appreciate any and all feedback/comments/criticisms! Hope my insight helps someone out there :)
I bought a position at 2600 satoshis and looking to exit at 3000 satoshis.
Watch for a break of the support/resistance levels.
Expecting this pattern to break bullish since the RSI levels were so low recently.
Good luck everyone!
DISCLAIMER:
I'm relatively new at TA and I appreciate any and all feedback/comments/criticisms! Hope my insight helps someone out there :)
Comment:
Wait I'm sorry guys this is actually the 4 hour time frame!! Just noticed and it's too late to edit :[
Comment:
Closed with a lower low so I'm out
Going to play it safe
Going to play it safe
Comment:
Key Support: 2420 sats