Here is a dose of my idea that may give you elation, and I will Keep it super simple.
We have a potential support at $45k. The only key level of support on multi TF is the $42k zone (the yellow line).
...but there is an 80% probability we wil won't break down $45k zone! Yes and I mean it.
If we do, which I highly doubt we'd, we may want to test that $42k zone and then a huge upward rally to a new ATH will befall us.
MA is currently in bearish cross mode, but RSI is still printing a bullish divergence.
I'm looking forward to trading either the bounce from $45k or breakdown from $45k pitchfork P3 line.
Keep an eye on it and stay tuned!
We have a potential support at $45k. The only key level of support on multi TF is the $42k zone (the yellow line).
...but there is an 80% probability we wil won't break down $45k zone! Yes and I mean it.
If we do, which I highly doubt we'd, we may want to test that $42k zone and then a huge upward rally to a new ATH will befall us.
MA is currently in bearish cross mode, but RSI is still printing a bullish divergence.
I'm looking forward to trading either the bounce from $45k or breakdown from $45k pitchfork P3 line.
Keep an eye on it and stay tuned!