Support level being hold ~24h, high volume on the level, 4h RSI below 70
One should entry after the price down breaks local support and bounces back, that gives us level 16080-16100$.
Target prices would be then $16700-1700.
One should entry after the price down breaks local support and bounces back, that gives us level 16080-16100$.
Target prices would be then $16700-1700.
Comment:
We might now open long, but watch for $16400 level which can act as resistance.
Comment:
Secure our profit and close the position.