Maybe it is in a fast XABC correction.
It it is in this case, XA might be equal to BC, which target at around 1188 to 1200 region.
We play only-buy strategy starting from 700-800 days, 800-900days, and 900-1000 days, and even if it reach 1100 to 1200 days log Moving Average.
Some of them: hit and run.
Some of them: long term holding.
It it is in this case, XA might be equal to BC, which target at around 1188 to 1200 region.
We play only-buy strategy starting from 700-800 days, 800-900days, and 900-1000 days, and even if it reach 1100 to 1200 days log Moving Average.
Some of them: hit and run.
Some of them: long term holding.
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It just touch our downtrend BC line, then rejected going down.
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Stand Firm above 900 Day LogMA
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Maybe C wave has been completed.
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First time come up to challenge 6 days EMA, lack of volume and it was rejected(Surely it was).
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Sunday Dump again, but volume small which compare to last Sunday(18 Sep '22).
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Finally, it closed above 6 days EMA, at the same time, BTCUSD pair stand above 6 day EMA, too.
Let's watch if it can stand firm above 6 days EMA.
If it can, maybe it want to challenge 0.618 correction level which around 1397.
Let's watch if it can stand firm above 6 days EMA.
If it can, maybe it want to challenge 0.618 correction level which around 1397.
Comentarios:
"Let's watch if it can stand firm above 6 days EMA.
If it can, maybe it want to challenge 0.618 correction level which around 1397."
As per previous comment, target reach and trade close.
If it can, maybe it want to challenge 0.618 correction level which around 1397."
As per previous comment, target reach and trade close.
