Ok, the long trade was stopped out. Thanks to my stoploss!
What could happen next?
I mentioned the weekly level we need to hold as support in the linked chart ($28.989)
The previous month low is taken, we might see some choppy price action here. It could be possible that the bulls are (almost) loaded up their positions.
If this is happening now, price should be moving to the upside.
My targets are:
- $41.880
- $58.000 region
What could happen next?
I mentioned the weekly level we need to hold as support in the linked chart ($28.989)
The previous month low is taken, we might see some choppy price action here. It could be possible that the bulls are (almost) loaded up their positions.
If this is happening now, price should be moving to the upside.
My targets are:
- $41.880
- $58.000 region
