I guess you must know this chart very well by now:-)
This is not an area to be long. Maybe it will break out of course but time wise it's around daily half cycle high now and must print a daily half cycle low within the next week or so before proceeding higher. So expect a few days correction to correct the sentiment from euphoric towards doubt and pessimism again. it has already checked the first demand zone, proving that there are still late stage buyers there. Cheers, P.
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.