While the Market is in a short uptrend We see here a strong overbought market , if we look deeeper we can see that the Ichomoku 52 days Resistance line was the point where BTC could not pass , so combined the overbought market with a strong resistance i tend to go short
The most Alts are way overbought aswell
My target for shorting is
7200-7400
Another option is that it wil consolidate ina sidetrend on the 38,2% FIB ( 7600)
The most Alts are way overbought aswell
My target for shorting is
7200-7400
Another option is that it wil consolidate ina sidetrend on the 38,2% FIB ( 7600)
أغلقت الصفقة: تم الوصول للهدف:
so my short target is reached i will go long , i will play my SL under the last Resistance (2%) for the case i am wrong
We see here a clear oversold market , big movement INC
so my short target is reached i will go long , i will play my SL under the last Resistance (2%) for the case i am wrong
We see here a clear oversold market , big movement INC
if it holds we will see a sideway movement , i dont think it is the end of the corr ection