Update from the previous analysis. Price has stumbled from previous high, however it has been accumulating over the past few days in a small range while keeping above the 61% zone of the last impulse.
There is currently a slight wedge forming on the retest of the long term trendline which has been respected multiple times.
Bollinger bands are squeezing however price can still drop a bit more and reverse on the TL.
Personally spot long, SL under 78%.
Previous analysis linked.
There is currently a slight wedge forming on the retest of the long term trendline which has been respected multiple times.
Bollinger bands are squeezing however price can still drop a bit more and reverse on the TL.
Personally spot long, SL under 78%.
Previous analysis linked.
These analyses are my personal view on the market.
Always assume my investment risk tolerance is higher than yours
I’m here to make money, not hold your hand. Never blindly trust any analysis you see online because it fits your bias (including mine).
Always assume my investment risk tolerance is higher than yours
I’m here to make money, not hold your hand. Never blindly trust any analysis you see online because it fits your bias (including mine).
