Bitcoin / EuroLong
Bounce incoming
Strong bounce will follow if momentum increases.
Order bookings are high right above previous low levels, it takes serious downforce to break those "i'm gonne buy in the dip" bookings.
So far the BTC and ETH pool has been broken, XRP is up next.
It took some hour's but the bad news is incoming.
It's gonna be a weaker bounce, since people will be ready, and place their sell orders percentually lower to be sure.
If the momentum slows down, a slow recovery to the downtrendline will follow.
Order bookings are high right above previous low levels, it takes serious downforce to break those "i'm gonne buy in the dip" bookings.
So far the BTC and ETH pool has been broken, XRP is up next.
It took some hour's but the bad news is incoming.
It's gonna be a weaker bounce, since people will be ready, and place their sell orders percentually lower to be sure.
If the momentum slows down, a slow recovery to the downtrendline will follow.
MVPMC
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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.
MVPMC
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.