Last time we approached a Pivot, we did have a stage when we simply jumped between that Yearly Pivot just around $8k and the Monthly Pivot around $7.6k.
This time, we did not really try to overcome the R1, well not seriously. There is a good chance we will stay in this moody price action for a while longer and I even am not 100% convinced we will break this Yearly R1 very soon shortterm. Anyways, I am not concerned about bearish overtaking until $8k unless we close a Daily below $10.7k. Much support around that area.
*Always set stops. Dyor. No financial advice.
If you are interested in using the NeruSuite v5 (final), please contact me in Telegram @NerubicaC or here in TradingView via DM.
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BitMEX Ref-Link for 10% Fee Discount the first 6 months: www.bitmex.com/register/juqr
This time, we did not really try to overcome the R1, well not seriously. There is a good chance we will stay in this moody price action for a while longer and I even am not 100% convinced we will break this Yearly R1 very soon shortterm. Anyways, I am not concerned about bearish overtaking until $8k unless we close a Daily below $10.7k. Much support around that area.
*Always set stops. Dyor. No financial advice.
If you are interested in using the NeruSuite v5 (final), please contact me in Telegram @NerubicaC or here in TradingView via DM.
____________________________________________________________________________________________
BitMEX Ref-Link for 10% Fee Discount the first 6 months: www.bitmex.com/register/juqr