USDT.D
USDT.D Has given a bounce off of support
Next we are looking for a breakout or rejection of the 21 Moving Average of the 4hr timeframe.
If we get a rejection, could give a good entry point to LONG crypto, further confirmation is a breakdown of support of the 6.80 Level
If we get a breakout and retest of 4HR 21 Moving Average we are looking to test resistance levels of 7.04 - 7.10 again
Personal thoughts: Looking for resistance level of 7.04/7.10 level to hold mainly because I don't like trading against the full moon approaching on April 6th.
Full moon can be bullish for markets.
Will set alerts at 7.04, 7.10 and 6.80 and the 21 Moving Average on the 4HR timeframe. Those are the major points I am keeping in mind.
USDT.D Has given a bounce off of support
Next we are looking for a breakout or rejection of the 21 Moving Average of the 4hr timeframe.
If we get a rejection, could give a good entry point to LONG crypto, further confirmation is a breakdown of support of the 6.80 Level
If we get a breakout and retest of 4HR 21 Moving Average we are looking to test resistance levels of 7.04 - 7.10 again
Personal thoughts: Looking for resistance level of 7.04/7.10 level to hold mainly because I don't like trading against the full moon approaching on April 6th.
Full moon can be bullish for markets.
Will set alerts at 7.04, 7.10 and 6.80 and the 21 Moving Average on the 4HR timeframe. Those are the major points I am keeping in mind.