right now we are seeing price test the top of our rising wedge which is a good thing!
starting next week we could drop to 32,554 and go up to 32,816 right after....
i do believe that next week we will break this huge rising wedge which will push us down.
plan:
+ price breaks rising wedge
+price falls around 400 points
+we consolidate after hitting a strong support
+hit 33k late march/early april
here are your selling/buying points + targets
buying point and target(risky trade)
a good buying point is at 32,554
and your only target is at 32,816
selling point/ targets:
a good selling point is at 32,750
and your first target is at 32,554
(if it does go up to 32,816 that would be a better selling point)
your second selling point is at 32,682
and your final target is at 32,363
a good SL would be at 32,830
(TAKE TRADE AT YOUR OWN RISK)
starting next week we could drop to 32,554 and go up to 32,816 right after....
i do believe that next week we will break this huge rising wedge which will push us down.
plan:
+ price breaks rising wedge
+price falls around 400 points
+we consolidate after hitting a strong support
+hit 33k late march/early april
here are your selling/buying points + targets
buying point and target(risky trade)
a good buying point is at 32,554
and your only target is at 32,816
selling point/ targets:
a good selling point is at 32,750
and your first target is at 32,554
(if it does go up to 32,816 that would be a better selling point)
your second selling point is at 32,682
and your final target is at 32,363
a good SL would be at 32,830
(TAKE TRADE AT YOUR OWN RISK)