Now that we have reached the upper side of the triangle, we are observing a decline in upward momentum. There is bull weakness and bear strength. However the velocity is high. Therefore, when it moves, it will move fast back down to below $2600 level.
Trade closed: target reached
Target reached and waiting for price structure to develop before determining the next direction. To be determined tomorrow.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
marketoracle.io
- Mathematical trading system 🤓
- Professional Discord server 💬
- Pump signals on cryptos with 94% probability for 20%+ gains! 🤑
- Inversion indicator
Starting at $100/month
- Mathematical trading system 🤓
- Professional Discord server 💬
- Pump signals on cryptos with 94% probability for 20%+ gains! 🤑
- Inversion indicator
Starting at $100/month
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.