Hey guys! The price is trading in downtrend mode so there is small chances that support level and support from the 100EMA will stop the falling price. If we look close to weekly TF you see the flat trading, it look like MMs are waiting for something... maybe BAKKT?
1W TF
Will I trade here? Yes, I opened a long pos at $6600+ with stop $6400. I'm sure the good news is coming in the near future, so lets see how the market reacts on it.
GL Traders!
1W TF
Will I trade here? Yes, I opened a long pos at $6600+ with stop $6400. I'm sure the good news is coming in the near future, so lets see how the market reacts on it.
GL Traders!
